Inter State Oil Carrier Records Strong Volume Growth, Secures Partnership with CONCOR
Inter State Oil Carrier Ltd reported significant operational growth in June 2026, noting a substantial increase in volume handled compared to the previous month and achieving improved year-on-year performance. Beyond volume metrics, the company also announced strategic business expansions through a new agreement with Container Corporation of India Ltd (CONCOR) and fleet augmentation.The volume handled by Inter State Oil Carrier Limited showed upward movement during June 2026. The company processed 29.17 thousand metric tons (MTs), which marked a rise from the 23.12 ('000 MTs) handled in May 2026, reflecting an approximate increase of 26.17%.
Looking at year-on-year comparisons, the volume of 29.17 ('000 MTs) recorded in June 2026 compared to 26.00 ('000 MTs) in June 2025, indicating a growth rate of approximately 12.19%.
The operational performance highlighted that the volume handled in June 2026 was among the highest recorded in the past twelve months. It remained close to the peak monthly volume of 29.34 ('000 MTs) achieved during March 2026, demonstrating a strong recovery following the previous month's figures.
Strategic Expansion and Fleet Strengthening
The company has solidified its market position through crucial strategic alliances and capacity building.Inter State Oil Carrier Ltd entered into a Memorandum of Understanding (MoU) with Container Corporation of India Limited (CONCOR). This partnership involves operations at CTC Shalimar and ICD Amingaon, where the company is designated as a Transport Associate for handling its business under a First Mile Last Mile (FMLM) arrangement.
Further bolstering its operational capacity, the company strengthened its fleet by onboarding four additional tankers during the month of June 2026.
Stock Price Movement
Inter State Oil Carrier Ltd shares settled at ₹38.62 in the post-market close, registering a decline of 1.88%. The stock experienced intraday volatility, trading within a range that spanned from a low near ₹38.60 to a high of ₹40.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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