BSEOthers7 Aug 2026 · 7 Aug 2026, 04:47 pm
BRSR for the year 2025-26
Indian Oil Corporation Ltd · 530965
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Indian Oil Corporation Ltd has released its Business Responsibility and Sustainability Report (BRSR) for the year 2025-26, as required by SEBI regulations.
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Indian Oil Corporation Ltd - 530965 - Business Responsibility and Sustainability Reporting (BRSR)
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No. Secl/ BRSR 25-26 7th August 2026
National Stock Exchange of India Limited BSE Ltd.
Exchange Plaza, 5th Floor, 25th Floor,
Bandra –Kurla Complex, P J Tower,
Bandra (E), Dalal Street,
Mumbai – 400051 Mumbai – 400001
Ref: Symbol: IOC; Security Code: 530965; ISIN: INE242A01010
Dear Sir,
Sub : Business Responsibility and Sustainability Report for the year 2025-26.
Pursuant to Regulation 34(2) of SEBI (Listing Obligations and Disclosure Requirements),
Regulations 2015, please find enclosed herewith Business Responsibility and Sustainability
Report of the Company for the year 2025-26.
The said report has also been uploaded on the Company’s website and can be accessed at
www.iocl.com.
This is for information and record please.
Thanking you,
Yours faithfully,
For Indian Oil Corporation Limited
(Kamal Kumar Gwalani)
Company Secretary
BUSINESS RESPONSIBILITY
AND SUSTAINABILITY REPORT
What’s Inside
SECTION A
01 GENERAL DISCLOSURES
SECTION B
10 MANAGEMENT AND PROCESS DISCLOSURES
SECTION C
15 PRINCIPLE WISE PERFORMANCE DISCLOSURE
16 PRINCIPLE 1
19 PRINCIPLE 2
22 PRINCIPLE 3
29 PRINCIPLE 4
32 PRINCIPLE 5
36 PRINCIPLE 6
48 PRINCIPLE 7
50 PRINCIPLE 8
54 PRINCIPLE 9
58 INDEPENDENT ASSURANCE STATEMENT
SECTION
GENERAL
DISCLOSURES
Towards Mission Excellence
SECTION A: GENERAL DISCLOSURE
I. Details of the Listed Entity
1 Corporate Identity Number (CIN) of the Listed Entity L23201MH1959GOI011388
2 Name of the Listed Entity Indian Oil Corporation Limited
3 Year of incorporation 1959
4 Registered Office Address IndianOil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (East),
Mumbai-400051
5 Corporate Address 3079/3, Sadiq Nagar, J. B. Tito Marg, New Delhi 110049
6 E-mail sustainability@indianoil.in
7 Telephone 011-24347441
8 Website https://iocl.com/
9 Financial year for which reporting is being done 2025-26
10 Name of the Stock Exchange(s) where shares are listed National Stock Exchange of India Ltd.
BSE Ltd.
11 Paid-up Capital INR 14,121.24 Crore
12 Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the
BRSR report
Name of the Person Mr. Pravin Dongre
Executive Director (SD, NZ & HSE)
Telephone Telephone: 011-20815719
Email address Email id: dongrept@indianoil.in
13 Reporting Boundary Are the disclosures under this report Standalone Basis
made on a standalone basis (i.e. only for the entity) or on
a consolidated basis (i.e. for the entity and all the entities
which form a part of its consolidated financial statements,
taken together).
14 Name of assessment or assurance provider Bureau Veritas (India) Private Limited
15 Type of assessment of assurance obtained Reasonable Assurance
II. Product/Services
16 Details of business activities (accounting for 90% of the Turnover)
S. % of Turnover
Description of Main Activity Description of Business Activity
No. of the Entity
1. Petroleum Products Refining & Marketing of Petroleum products 91.65
2. Gas Sale of Gas 4.99
3. Petrochemical Products Production & Marketing of Petrochemical products 3.17
4. Others E&P, Explosives and Alternate Energy etc 0.19
17 Products/Services sold by the entity (accounting for 90% of the entity’s Turnover)
S. % of Total Turnover
Product/Service NIC Code
No. contributed
1. High Speed Diesel 192001 44.75
2. Motor Spirit 192001 23.28
3. LPG 192003 11.63
4. Natural Gas 0910/3520 5.02
5. Aviation Turbine Fuel 192001 4.37
6. Polymer 192001 1.94
7. Bitumen 192002 1.70
8. FO 192001 1.52
9. Naphtha 192001 1.29
10. Lubes 192001 1.15
02 Integrated Annual Report 2025-26
01-62
Business Responsibility and Sustainability Report
III. Operations
18 Number of locations where plants and/ or operations/ offices of the entity are situated:
Location Number of plants Number of offices Total
National 792 45 837
International 2 9 11
19. Market served by the entity:
a. Number of Locations
Locations Number
National (No. of States) 36*
International (No. of Countries) 48
*Includes 28 States and 8 Union Territories of India
b. What is the contribution of exports as a percentage of the total turnover of the entity?
3.57% of the total turnover was contributed by exports.
c. A brief on types of customers
Customer Base
The Company serves customers across retail and bulk segments.
1. Retail Customers
Individual consumers and business users operating public and private vehicles.
Includes daily commuters, commercial transport operators, private vehicle owners, LPG customers and lubricant customers.
2. Bulk Customers
Large institutional and industrial consumers across multiple sectors.
Key Bulk Segments
Indian Railways for fuel and lubricants
Defence Forces for fuel and essential products
State Government entities for fuel and related products
Airlines (both domestic and international) for aviation turbine fuel
Power producers fuel for electricity generation
State Transport Undertakings fuel for public transport
Automotive industry for fuels, lubricants and inputs
Mining sector for fuel, explosives and lubricants
Cryogenics sector for specialised products
Petrochemical sector for petrochemicals and specialty chemicals
Industrial customers for energy requirements
Towards Mission Excellence
IV. Employees
20. Details as at the end of Financial Year:
a. Employees and workers (including differently abled)
S. Male Female
Particulars Total (A)
No. No. (B) % (B/A) No. (C) % (C/A)
Employees
1 Permanent (D) 18,929 16,887 89.21 2,042 10.79
2 Other than Permanent (E) 78 71 91.03 7 8.97
3 Total (D+E) 19,007 16,958 89.22 2,049 10.78
Workers
4 Permanent (F) 10,721 10,123 94.42 598 5.58
5 Other than Permanent (G) 1,23,744 1,19,634 96.68 4,110 3.32
6 Total (F+G) 1,34,465 1,29,757 96.50 4,708 3.50
b. Differently abled employees and workers
S. Male Female
Particulars Total (A)
No. No. (B) % (B/A) No. (C) % (C/A)
Differently abled Employees
1 Permanent (D) 483 434 89.86 49 10.14
2 Other than Permanent (E) 0 0 0 0 0
3 Total (D+E) 483 434 89.86 49 10.14
Differently abled Workers
4 Permanent (F) 259 234 90.35 25 9.65
5 Other than Permanent (G) 0 0 0 0 0
6 Total (F+G) 259 234 90.35 25 9.65
21. Participation/Inclusion/Representation of women
No. and percentage of Females
Total (A)
No. (B) % (B/A)
Board of Directors as on 31.03.2026* 9 3 33.33
Key Management Personnel** 2 0 0
Note:
*Total number of Directors Includes Whole-time directors, government nominee directors and independent directors. Directors include CFO who is
also Director (F).
** KMP are the Company Secretary and Director (F) only.
22. Turnover rate for permanent employees and workers
FY 2025-26 FY 2024-25 FY 2023-24
Category
Male Female Total Male Female Total Male Female Total
Permanent Employees 3.97% 4.65% 4.05% 4.10% 4.90% 4.20% 5.27% 4.20% 5.15%
Permanent Workers 5.64% 10.34% 5.91% 6.00% 5.60% 6.00% 6.67% 7.19% 6.70%
04 Integrated Annual Report 2025-26
01-62
Business Responsibility and Sustainability Report
V. Holding, Subsidiary and Associate Companies (including joint ventures)
23. (a) Names of holding / subsidiary / associate companies / joint ventures
Indicate whether Does the entity indicated at column
% of shares
S. Name of the holding / subsidiary / holding / Subsidiary A, participate in the Business
held by listed
No. associate companies / joint ventures (A) / Associate / Joint Responsibility initiatives of the listed
entity
Venture entity? (Yes/No)
1 Avi-Oil India Private Limited Joint Venture 25.00% No
2 Cauvery Basin Refinery and Joint Venture 25.00% No
Petrochemicals Limited*
3 Chennai Petroleum Corporation Limited Subsidiary 51.89% CPCL is a listed mini-ratna company,
(CPCL) which undertakes its own Business
Responsibility (BR) initiatives as well as
publishes its own BRSR and adheres
to the guidelines as issued by the
statutory authorities / Government
from time to time.
4 Delhi Aviation Fuel Facility Private Joint Venture 37.00% No
Limited
5 GH4 India Private Limited Joint Venture 33.33% No
6 Green Gas Limited Joint Venture 49.99% No
7 GSPL India Gasnet Limited Joint Venture 26.00% No
8 GSPL India Transco Limited
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