Indonesian Political, Business & Finance News

Pertamina Reclaims Top Position in Fortune Indonesia 100 2026

| | Source: BCASEKURITAS.CO.ID Translated from Indonesian | Business

PT Pertamina (Persero) has once again claimed the top position in the Fortune Indonesia 100 2026, as the company with the largest revenue in Indonesia. This recognition was presented during the Fortune Indonesia 100 Gala 2026 held at the Hotel Mulia, Senayan, Jakarta, on Thursday (17/9).

In the rankings based on the 2025 fiscal year performance, Fortune Indonesia recorded Pertamina’s revenue at Rp1,189.74 trillion, while also posting a net profit of Rp56.23 trillion. Fortune Indonesia presented financial performance data converted to rupiah based on the average 2025 fiscal year exchange rate of Rp16,785 per 1 USD.

This achievement demonstrates the resilience of Pertamina’s performance in facing business dynamics and global economic uncertainty. Even as external conditions continue to change, Pertamina has maintained its operational and financial performance while fulfilling its strategic mandate to ensure energy availability for the public and the national economy.

The Fortune Indonesia 100 is a ranking of the largest companies in Indonesia based on financial performance. In the 2026 edition, Fortune noted that of the 100 companies on the list, 66 per cent experienced revenue growth, while only 49 companies were able to increase net profits.

Chief Operating Officer and Co-Founder of IDN Media, William Utomo, stated that the Fortune Indonesia 100 provides a picture of company performance with significant business scale and contribution to the Indonesian economy. “The Fortune Indonesia 100 provides an overview of companies that make a major contribution to the Indonesian economy. This ranking looks at company performance objectively based on published data and business achievements,” said William.

He also expressed his appreciation to all companies included in the Fortune Indonesia 100 2026 rankings, congratulating the leadership teams and all employees within the organisations for their contributions to these achievements.

Meanwhile, Pertamina’s VP of Corporate Communication, Muhammad Baron, said the recognition serves as appreciation for the contributions of all Pertamina personnel in maintaining company performance. “This award is an appreciation for the hard work of all Pertamina personnel in maintaining company performance. Amid global dynamics and uncertainty, Pertamina continues to maintain healthy operational and financial performance, while simultaneously playing a strategic role in supporting national energy security,” said Baron.

According to Baron, this achievement also serves as a momentum for Pertamina to continue strengthening its business fundamentals through increased efficiency, productivity, and the optimisation of all business lines. “This achievement motivates us to continue improving performance, strengthening efficiency, and ensuring sustainable business growth. At the same time, Pertamina will continue to play its role in providing the energy needed by the community and supporting national economic growth,” he said.

As an integrated energy company, Pertamina continues to develop its business portfolio from upstream to downstream, including the development of new and renewable energy. This strengthening of business performance goes hand in hand with the company’s efforts to create sustainable economic, social, and environmental value. Recognition in the Fortune Indonesia 100 2026 serves as a reflection of Pertamina’s journey in maintaining business performance while strengthening its contribution to Indonesia.

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