Sri Lanka, June 26 -- Lanka IOC will deploy electric vehicle charging facilities at all 273 of its company-owned and franchise-operated retail outlets over the next two years. This transition toward a sustainable mobility ecosystem involves a strategic partnership with Ishara Trading, a subsidiary of the financial conglomerate LOLC. This infrastructure roll-out represents one of the largest synchronised green energy transformations within Sri Lanka's petroleum industry.

Managing Director K. Raghu noted that while the auto fuel business currently generates 76 percent of group revenue, diversification remains vital for earnings resilience and long-term value creation. Chairman Anuj Jain emphasised that sustainable profitability depends on ...