Monthly Business Update for the month of July, 2025.
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Inter State Oil Carrier reported handling 23.98 thousand metric tonnes (MTs) of volume in July 2025, a 7.77% decline compared to 26.00 thousand MTs in June 2025. Despite this month-on-month dip, volumes grew approximately 11.28% year-on-year from 21.55 thousand MTs in July 2024. The July 2025 volume remains above the 12-month average, suggesting sustained operational performance. The company also renewed its Transportation Service Agreement with Haier Appliances (India) Private Limited and acquired a new tanker to enhance operational efficiency.
The month-on-month volume drop is a short-term negative, but the year-on-year growth and contract renewal signal stable demand. Shareholders should watch whether volumes rebound in August and if the new tanker addition translates into higher capacity utilisation and revenue.