Iron phthalocyanine tetrasulfonamide was immobilized to carboxylated graphene oxide support via covalent attachment. The loading of FePc on GO nanosheets was confirmed by FTIR, Raman, ICP-AES, UV-Vis and elemental analyses. The synthesized catalyst was found to be highly efficient for the photo-induced oxidation of thiols to disulfides in aqueous medium using molecular oxygen as oxidant under visible light irradiation. The identification of photo-oxidation products and their quantitative determination was done by using GC-MS. After completion of the reaction, the catalyst was easily recovered by filtration and reused for several runs without loss in activity and no leaching was observed during the reaction.