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Economical 1) 2) 3) 4) 5) 6) 7)

Indian Oil Corporation Limited is India's largest commercial enterprise, serving as the nation's flagship oil company and major supplier of petroleum products to key sectors like transportation, power, and fertilizer. As a "Maharatna" public sector undertaking, it holds AAA long-term and A1+ short-term credit ratings in India as well as investment-grade ratings from international agencies.

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41 views1 page

Economical 1) 2) 3) 4) 5) 6) 7)

Indian Oil Corporation Limited is India's largest commercial enterprise, serving as the nation's flagship oil company and major supplier of petroleum products to key sectors like transportation, power, and fertilizer. As a "Maharatna" public sector undertaking, it holds AAA long-term and A1+ short-term credit ratings in India as well as investment-grade ratings from international agencies.

Uploaded by

sagar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Economical

1) Flagship national oil company and downstream petroleum major


2) “Maharatna” status – another jewel in the crown
3) Major supplier to core sector
4) Supplier of fuel to Government organizations i.e. railways, army, air force & navy
5) Key sectors like fertilizer, power & aviation are largely supplied by IOCL
6) World’s third largest economy in Purchasing Power Parity (PPP)
7) Credit Profile
International:
Baa3 : by Moody’s
BBB- : by Fitch
8) Domestic
Long Term: AAA; by CRISIL, ICRA, India Ratings & Research (Fitch), CARE
Short Term: A1+ by CRISIL & ICRA
9)

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