Inter State Oil Carrier Limited (ISOCL) has reported a significant increase in its cargo handling volume for August 2025, along with securing a major long-term contract for LPG transportation. The company's latest business update reveals impressive growth and a promising outlook for its operations.

Volume Growth

ISOCL handled 24.47 thousand metric tons (TMT) of volume in August 2025, marking a notable increase in its operational performance. This figure represents a 2.04% rise from the previous month of July 2025, where the company handled 23.98 TMT. More impressively, when compared to the same month in the previous year, ISOCL's volume growth is substantial, showing a 22.41% increase from 19.99 TMT handled in August 2024.

The company's monthly volume data over the past year showcases a generally upward trend:

New LPG Movement Contract

In a significant development for its business operations, Inter State Oil Carrier Limited has been awarded a 5-year LPG movement contract. The contract, secured from Indian Oil Corporation Limited and Hindustan Petroleum Corporation Limited, involves the deployment of 13 tankers for LPG transportation.

While the exact value of the contract has not been disclosed, the company stated that it cannot be determined at this stage. The final contract value will depend on various factors, including actual movement and operational considerations during the five-year tenure of the agreement.

This long-term contract is expected to provide ISOCL with a stable revenue stream and strengthen its position in the oil and gas transportation sector. The involvement of two major public sector oil companies in this contract underscores the trust and reliability that Inter State Oil Carrier Limited has established in the industry.

Conclusion

The combination of increased volume handling and the new long-term contract positions Inter State Oil Carrier Limited for potential growth in the coming years. As the company continues to expand its operations and secure important contracts, it will be interesting to observe how these developments translate into financial performance in future quarters.

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:

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:

1. Contract Renewal: The company has successfully renewed its Transportation Service Agreement with Haier Appliances (India) Private Limited, ensuring continued business with a key client.

2. 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.