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Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21

India Inc's combined net profit was up 57.6% to Rs 5.31 trillion in FY21

Topics
Non-Banking Finance Companies | India Inc | Lockdown

Krishna Kant  |  Mumbai 



profit, growth
Corporate revenue to GDP also inched up to 34.4 per cent in FY21, up from 33.6 per cent, but the ratio was still lower than 35.7 per cent two years ago

The outbreak of the Covid-19 pandemic and the subsequent lockdowns to contain its transmission dented India Inc’s sales and revenues in 2020-21 (FY21), even as the decline in prices of raw materials and cost of capital boosted companies’ profits to a decade high.

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First Published: Mon, May 31 2021. 06:10 IST

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