Lanka IOC Operations and Financial Performance

Lanka IOC is a significant player in the Sri Lankan petroleum industry. Lanka IOC has a network of 96 fuel stations across the country.

The company's operations are primarily focused on refining and marketing petroleum products. Lanka IOC has a storage capacity of 1.2 million liters.

Lanka IOC's financial performance has been impressive, with a revenue of Rs. 144 billion in 2020. The company's net profit for the same year was Rs. 2.4 billion.

Lanka IOC has a clear management structure, with Dipak Das serving as both the CEO and a Director/Board Member since April 3, 2023.

Dipak Das has been at the helm of the company as CEO since April 3, 2023. He also holds the position of Director/Board Member.

The company's management team includes Jadhav Shashank as the Chief Administrative Officer, and Amali Liyanapatabendi as the Corporate Secretary.

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Oil & Gas Refining is a crucial aspect of the energy industry, and it's fascinating to see how it works. The process of refining oil and gas involves transforming raw materials into usable products like gasoline, diesel, and jet fuel.

The energy sector is a significant part of the economy, and oil & gas refining is a key component of it, focusing on fossil fuels.

Oil & Gas Refining and Marketing is a specific segment within the energy sector, dealing with the refining and marketing of oil and gas products.

The end-of-day quote for oil & gas refining stocks can fluctuate, as seen in the example from Colombo S.E., where the price is 132.75 on 2025-10-23.

Here are some key statistics on the 5-day change and 1st Jan change for oil & gas refining stocks:

Lanka IOC is taking steps to ensure ambulances in Sri Lanka have a steady supply of fuel. The company has asked its 216 petrol pumps to maintain a separate stockpile of 300 litres at all times.

This stockpile is meant to meet the fuel requirements of ambulances, which are essential for providing emergency services. Lanka IOC's Managing Director, Manoj Gupta, emphasizes the importance of keeping these services running smoothly.

Ambulances can now rely on a dedicated fuel supply, thanks to Lanka IOC's efforts. The company is ensuring that its petrol pumps have a steady stock of fuel, ready to meet the needs of ambulances.

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The economic crisis in Sri Lanka has led to a severe crisis in the energy sector, resulting in fuel shortages.

The Sri Lankan government's cash-starved situation has caused its fuel entity's fuel stations to not operate due to the worsening energy crisis.

Since June 24, no fuel tankers with supplies have arrived in the island nation.

The end of the credit line worth $700 million granted by India has also contributed to the pumps running dry.

The Sri Lankan government is now exploring options to purchase discounted oil from Russia to replenish its dwindling fuel stocks.

Fuel shortages have impacted growth in all sectors, with reduced production contributing to the negative growth of 1.6 per cent in the first quarter of this year.

A decision to stop chemical fertiliser imports due to the forex crisis has also contributed to the loss of crops.

Sri Lankans continue to languish in long fuel and cooking gas queues as the government is unable to find dollars to fund imports.

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Lanka IOC's financial information is publicly available, and we can see that the company is listed on the stock market under the ticker LIOC.N0000.

The company's stock is part of the Equities section, indicating that it's a publicly traded company.

Lanka IOC PLC is the company name, which we can confirm from the provided information.

Here are the key components of Lanka IOC's income statement:

It appears that Lanka IOC's financial performance is impacted by global events, such as the rise in crude oil prices, which can affect the cost of importing fuel.

Let's take a closer look at the sales figures for Lanka IOC PLC. In the fiscal period of March 2021, the company's sales from petroleum stood at 66.69 billion.

Petroleum sales saw a significant increase in 2022, reaching 89.95 billion. This is a notable jump from the previous year's figures.

By 2023, petroleum sales had skyrocketed to 281 billion, a massive leap from the 89.95 billion recorded in 2022. This growth is impressive, to say the least.

However, the sales figures for 2024 and 2025 show a slight dip, with petroleum sales reaching 264 billion and 276 billion respectively.

The income statement for Lanka IOC PLC is a crucial part of their financial information. It includes data from the stock market and equities, specifically for the LIOC.N0000 stock.

The company in question is Lanka IOC PLC, a company listed on the APAC stock market.

Here are the key dates mentioned in the income statement:

On this date, Sri Lanka was struggling to pay for fuel imports due to the rise in crude oil prices.

Lanka IOC has a well-defined governance structure in place, with a clear leadership team that oversees the company's operations. The Executive Committee, led by CEO Dipak Das, who took over on April 3, 2023, is responsible for making key decisions.

The Board of Directors is another crucial component of Lanka IOC's governance structure, consisting of experienced individuals who bring diverse perspectives to the table. Anuj Jain serves as the Chairman, and has been in the role for an unspecified period of time, bringing with him 54 years of experience.

The Board of Directors includes several directors who have been appointed since April 2023, with Dipak Das and Saumitra P. Srivastava joining on April 3 and April 17, respectively. The table below provides a brief overview of the Board of Directors:

The Sri Lankan government's pumps have run dry due to a severe energy crisis caused by forex shortages.

Fuel shortages have led to long queues at retailers, with people waiting for days to get petrol.

Since June 24, no fuel tankers with supplies have arrived in the island nation, while the CPC says no new orders have been placed.

The Sri Lankan government is now exploring options to purchase discounted oil from Russia to replenish its dwindling fuel stocks.

The economic crisis in Sri Lanka has resulted in a projected minus 1.6 per cent growth in the first quarter of this year, with fuel shortages impacting growth in all sectors.

The Executive Committee of Lanka IOC PLC is responsible for overseeing the company's operations and making key decisions.

At the helm is Dipak Das, who has been serving as the CEO since April 3, 2023.

The committee also includes Jadhav Shashank as the Chief Administrative Officer, although no specific date is mentioned for his appointment.

Amali Liyanapatabendi holds the position of Corporate Secretary, but no start date is provided for her tenure.

The Board of Directors plays a crucial role in the governance and leadership of Lanka IOC PLC. The Board is composed of experienced professionals who provide strategic guidance and oversight to the company.

Dipak Das serves as the Chairman of the Board, although his age is not publicly disclosed. Anuj Jain, the current Chairman, is 54 years old.

The Board of Directors includes several members who bring their expertise and perspectives to the table. Dipak Das is a Director/Board Member, having joined the Board on April 3, 2023. Saumitra P. Srivastava also serves as a Director/Board Member, having joined on April 17, 2023.

Manil Jayesinghe is another Director/Board Member, although his start date is not publicly disclosed. Here is a list of the Board of Directors members:

The Board's composition is a deliberate choice to ensure that Lanka IOC PLC has the best possible leadership and governance structure in place.

Lanka IOC has been making headlines in the local media, with several news outlets covering its recent developments. Lanka IOC is a subsidiary of the Indian Oil Corporation, one of the largest oil companies in the world.

The company has been in the news for its efforts to expand its operations in Sri Lanka, with a focus on increasing its market share in the country's petroleum products market. Lanka IOC has been investing heavily in its infrastructure, including the construction of new storage facilities and the expansion of its retail network.

The company has also been making headlines for its commitment to sustainability, with a focus on reducing its environmental impact and promoting the use of cleaner fuels.

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Lanka IOC PLC has been making headlines recently. Lanka IOC PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025.

The company announced a change in its board on August 25, 2025, with the appointment of new directors. Lanka IOC PLC Announces Board Changes on this date.

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Satish Kumar Vaduguri, the Non-Executive Director and Chairman, retired effective August 1, 2025, as reported on August 7, 2025. Lanka IOC PLC Announces Retirement of Satish Kumar Vaduguri.

The company's financial performance has been reported for the first quarter ended June 30, 2025, with Lanka IOC PLC Reports Earnings Results for the First Quarter Ended June 30, 2025.

Shareholders of Lanka IOC PLC can expect a dividend payment on July 9, 2025, as proposed on May 14, 2025, with Lanka IOC PLC Proposes First and Final Dividend for the Financial Year 2024-2025.

The company's full-year earnings for the financial year 2024-2025 were reported on April 19, 2025, with Lanka IOC PLC Reports Earnings Results for the Full Year Ended March 31, 2025.

Here is a list of recent news articles related to Lanka IOC PLC:

Lanka IOC PLC has been sharing important updates through their press releases.

They published their Interim Financial Statements as at 30th September 2025 on October 15.

The company also released their Interim Financial Statements as at 30th June 2025 on July 15.

Sri Lanka is eyeing Nigerian oil amid Middle East tensions and supply concerns, as mentioned in a press release on June 24.

You can find Lanka IOC's Annual Report 2024/25 on their website, released on June 1.

Their Interim Financial Statements as at 31st March 2025 were published on April 20.