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| Performance Highlights (IOML) |
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| Last Updated: May 04, 2009 |
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Performance Highlights IndianOil (Mauritius) Ltd. (IOML)
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- During the year 2008-09, IOML’s market share went up to 21.5% from around 19% in the previous fiscal. Sales grew by almost 12% - to 218,000 kl from 195,000 kl in the previous year.
- IOML continued to maintain its numero uno position in the aviation sector with about 33% market share. Air France Jet 1 supply contract for 100% volume was successfully renewed for another one year.
- Amongst the business segments, the maximum growth has been recorded by bunkering. While fuel oil bunkering grew by 60%, gas oil bunkering recorded a growth of 59% during the period. Sale of lubricants grew by 47% clocking a volume of 219 kl in comparison to 149 kl in the last fiscal.
- Exclusive pipelines were laid from IOML’s terminal to the Mauritius Container Terminal at a cost of approx. Mauritian Rs. 20 Million to facilitate bunkering.
- With the commissioning of four filling stations this year, the total number of ROs has gone up to 17. Out of these, 4 filling stations are located on the island’s prestigious motorway (M2) and are considered as landmarks.
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