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Ioc Continues To Hold Pole Position In Sales

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:29 AM IST

Indian Oil Corporation continued to be the largest company in terms of sales income. The company's sales stood at Rs 58,371 crore during first half of the fiscal 2001-02 (H1).

The public sector giant was followed by two other public sector oil majors, Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL).

HPCL sales during the period were at Rs 22,865 crore followed by BPCL with a sales income of Rs 20,052 crore. Unlike the first three slots, the year 2001 saw Reliance Petroleum climb up to the fourth rank, even ahead of its group flagship, Reliance Industries to top the sales charts India's largest private sector company.

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During first half of the fiscal 2001-02, Reliance Petroleum sales stood at Rs 17,332 crore clocking a growth of 21.1 per cent over the same period last year.

Consequently, Reliance Industries, whose sales dipped 13.1 per cent, turned into the second largest private sector company and fifth largest company, in the overall rankings. The company's sales stood at Rs 12,624 crore in the first-half.

Sixth place downwards to the tenth slot, saw no changes. Oil Natural Gas and Corporation ranked sixth with a sales income of Rs 11,128 crore, down 3.1 per cent compared to the same period last year.

The steel major, Steel Authority of India (SAIL) managed to hang on to the seventh place, with sales income of Rs 7,248 crore in H1, despite a 6.6 per cent drop over the same period last year.

Gas Authority of India ranked eighth in the list, with a growth of 4.6 per cent to post a sales income of Rs 5,208 crore. It was followed by ITC with a sales income of Rs 4,801 crore. IBP, a public sector company, was tenth largest with a sales income of Rs 4,218 crore.

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First Published: Dec 31 2001 | 12:00 AM IST

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