Much of the credit for this goes to the top 25 profitable companies, which accounted for 58 per cent of the total figure. The top 25 posted a net profit of Rs 71,761 crore and the remaining 2,975 companies Rs 53,239 crore.
Five companies had a net profit of over $1 billion. Steel Authority of India (Sail), with a net profit of Rs 6,817 crore, joined the $ 1 billion net profit club, which had only four members in the previous year.
Oil and Natural Gas Corporation (ONGC), with nine months