Promoter-led firms grew faster than professionally-led ones since 2013

Growth in profits show an even wider gap than sales in the last 5 years

Professionally-managed companies lagged promoter-led ones over the last five years. Both sales, as well as profits, saw higher growth in promoter-led companies since the financial year ended March 2013, shows an analysis of firms forming a part of the NSE Nifty50 benchmark index.

There is an absolute difference of over 10 percentage points in sales for companies under consideration. Sales for both sets of companies took a hit in 2015-16. However, it was promoter-led companies which seemed to come out on top by the end of 2017-18.  

The gap between the two is even wider if one considers net