Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.
Government-owned companies are more generous in rewarding their shareholders with dividends.
Most of the index heavyweights are yet to declare their results.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
This analysis is based on the quarterly earnings for 724 companies.
If financials and oil sectors were removed, India Inc has done quite well.
The recovery was led by information technology exporters.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
Analysts refuse to read too much into the early birds numbers.
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Additional levy to eat into Rs 6,000-crore income of top promoters
Experts expect the trend to continue in the near term.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
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