Chairman’s Message

IndianOil made its mark among the ‘Top 10 Strongest Oil and Gas Brands’ worldwide (Brand Finance Plc 2022 listing) and was also named as the ‘Most Loved Non-FMCG Brand’ by Kantar Brandz (2022).

Shrikant Madhav Vaidya
Chairman, IndianOil

Dear Shareholders,

It is my privilege to present to you the Integrated Annual Report of your Company for 2022-23. It captures the essence of a year that reflects the milestones and values that define IndianOil, and how it has emerged as the harbinger of India’s energy transition journey. I feel proud that our dedicated team has consistently delivered outstanding results to enhance shareholders’ value. Let me reiterate that we remain committed to maintaining the highest standards of corporate governance, transparency, and accountability, ensuring that the interests of our stakeholders are safeguarded at every step.

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IndianOil is delighted to present its Integrated Annual Report for the year 2022-23. The minimalistic cover design captures the vast spectrum of business interests and offerings of the Company, that includes refining, pipelines, marketing, R&D and alternative energy. The pristine white space symbolises the wide horizon of unbounded opportunities, ready to be painted with the hues of growth and sustainability, going forward.

The illustration flows seamlessly across the back page and showcases IndianOil’s social and environmental stewardship initiatives. The Company’s endeavours focused on biodiversity conservation, empowering communities, fostering sports ecosystem, among others, aim to make a meaningful impact on the society at large.

Awards and Recognition

Profile of Board of Directors