Inter State Oil Carrier Reports 11.28% Year-on-Year Volume Growth Despite Monthly Decline

1 min read Updated on 02 Aug 2025, 04:56 PM

By ScanX News Team

Overview

Inter State Oil Carrier (ISOCL) handled 23.98 thousand metric tons (TMT) in July, showing a 7.77% decrease from June but an 11.28% increase year-over-year. The company renewed its Transportation Service Agreement with Haier Appliances and acquired a new tanker to enhance capacity. ISOCL's Board meeting is scheduled for August 11 to review Q2 financial results.

*this image is generated using AI for illustrative purposes only.

Inter State Oil Carrier (ISOCL), a prominent player in the oil transportation sector, has reported mixed results for July, showcasing both challenges and positive developments in its operations.

Volume Handled

ISOCL handled 23.98 thousand metric tons (TMT) of volume in July, representing a 7.77% decrease from the previous month's 26.00 TMT. However, the company achieved a significant year-on-year growth of approximately 11.28% compared to the 21.55 TMT handled in July of the previous year.

Despite the month-on-month decline, ISOCL's July volume remained above the average monthly volume for the past 12 months, indicating sustained operational performance.

Volume Trends

The company's volume data for the past year shows fluctuations:

Month	Volume ('000 MTs)
Jul	21.55
Aug	16.42
Sep	16.72
Oct	17.47
Nov	18.30
Dec	18.47
Jan	19.69
Feb	19.99
Mar	22.17
Apr	24.92
May	25.05
Jun	26.00
Jul	23.98

The data reveals a general upward trend in volume handled over the past year, with July maintaining higher levels compared to the previous year despite the slight dip from June.

Strategic Developments

Inter State Oil Carrier has made significant strides in strengthening its business position:

Contract Renewal: The company has successfully renewed its Transportation Service Agreement with Haier Appliances (India) Private Limited, ensuring continued business with a key client.
Capacity Enhancement: In a move to improve operational efficiency, ISOCL has acquired a new tanker. This addition to its fleet is expected to contribute to smoother operations and potentially increase the company's handling capacity.

Upcoming Financial Results

The company has scheduled a Board of Directors meeting for August 11 to consider and approve the Unaudited Financial Results for the quarter ended June 30. This upcoming financial disclosure will provide further insights into Inter State Oil Carrier's performance and financial health.

Conclusion

While Inter State Oil Carrier faced a slight decline in monthly volume for July, the company's year-on-year growth, strategic contract renewal, and fleet expansion demonstrate its commitment to long-term growth and operational efficiency. Investors and industry observers will be keenly watching the upcoming financial results for a more comprehensive view of the company's performance in the evolving oil transportation market.

Historical Stock Returns for Inter State Oil Carrier