Priya Chauhan

IndianOil (Mauritius) Ltd

IndianOil (Mauritius) Ltd (IOML) is a fully owned subsidiary of Indian Oil Corporation Ltd. IOML was incorporated in Mauritius in 2001 and began physical operation in 2004. IOML business activities range within the sectors of aviation, bunkering, retail, lubricants and consumer. IOML has presently a total of 27 filling stations across the island with the latest one commissioned in November 2020 at Triolet. IOML has, over the years, positioned itself as the leading supplier of Jet Fuel in Mauritius. Within a short span of time, it has become the most preferred aviation fuel supplier in Mauritius. The company caters for the supply of fuel to major International and Domestic Airlines in Mauritius. IOML has been maintaining a history of innovation and state of the art developments in all its activities over the years. Despite the Covid-19 situation and measures taken by the authorities, IOML has ended the year 2020-21 with a turnover of Rs 3.47 Billion and profit after tax of Rs 211.70 Million. As we are getting used to the new normal of the Covid-19 situation, IOML has started the Q1 of 2021-22 with a revenue of Rs 1.13 Billion and a profit before tax of Rs 70.8 Million. IndianOil (Mauritius) Ltd has set among its objectives to expand its network of Retail Outlets across the island. In the forthcoming years IndianOil (Mauritius) Ltd will add more service stations to better serve the population and establish a philosophy of proximity. IndianOil (Mauritius) Ltd has also made considerable progress in the bunkering segment and has lately acquired a new barge to better supply vessel routing through the Indian Ocean.