India

7,287 Employees

Third-Party Revenues
$907,748,369
Related-party revenues
$662,183,986
Total Revenues
$1,569,932,355
Profit Before Tax
$237,415,073
Tax Paid
$23,104,800
Tax Accrued
$35,140,299
Tangible Assets
$860,073,571
Stated Capital
$864,928,972
Accumulated Earnings
$130,824,883

Main Business Activities

  • Upstream and Integrated Gas
  • Downstream
  • Trading and Supply
  • Other support activities

Shell has been present in India for almost 26 years, mostly in downstream activities. In 2008, business service units -- Shell Business Operations, and Projects & Technology -- started their operations.

Shell is also present as a non-Shell-operated venture in Integrated Gas and Trading and Supply through Hazira Group Companies (Shell 74%, Total 26%) and Shell-MRPL Aviation (Shell 50%, MRPL 50%).

Since acquiring BG Group, Shell’s presence in India now extends to Upstream and Integrated Gas with BG Exploration and Production India Ltd., and Mahanagar Gas Ltd. (MGL) in City Gas Distribution.

Country Financial Analysis

Tax paid during the year relates to profits arising from business activities, including on the services rendered through Shell Business Operations and Projects & Technology operations.

Shell claims tax exemption for its Shell Business Operations relating to information technology activities as it is located in a special economic zone.

Our Payments to Governments Report for 2018 also shows that Shell paid around $305.7 million in production entitlements and royalties.