State-run Indian Oil Corporation (IOC) has emerged as a country's biggest company in terms of annual revenue, as per an annual list of Fortune 500 companies in India. The company was the biggest with annual revenue of Rs 3,23,113.12 crore and has retained its top rank from the previous year
As many as 57 new entities were there in this year's list of the country's 500 largest corporations, compiled by the global business magazine Fortune's Indian edition. All the 500 firms together recorded a collective turnover of Rs 45,79,911.38 crore in the latest financial year.
In the top-ten positions of the list there were six state-run companies against four private sector companies. According to the magazine, the total sales of the country's 500 top corporations have grown by 21.5% from the last year, while their median growth has been even higher at about 25%.
Company Name | CMP |
---|---|
Reliance Industries | 2859.60 |
Indian Oil Corp. | 162.40 |
BPCL | 627.60 |
HPCL | 537.05 |
MRPL | 203.15 |
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