Monthly Business Update for the month ended May, 2026.
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Inter State Oil Carrier Limited handled 23.12 thousand metric tonnes of volume in May 2026, down about 4.79% from 24.28 thousand MT in April 2026. On a year-on-year basis, volumes declined 7.22% from 24.92 thousand MT in May 2025. The company attributed the slowdown to transportation disruptions and operational challenges caused by the prevailing war-like situation and related market uncertainties. Despite the dip, the company strengthened its fleet by adding four new tankers during the month, indicating preparation for a recovery in demand.
Short-term volumes are weak due to external geopolitical disruptions, which may pressure near-term revenues. However, fleet expansion signals management confidence in future volume growth once conditions normalise.