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| Reliance Industries, the first private company to post a quarterly net profit of over Rs 1,000 crore, ranks second with a net profit of Rs 1,104 crore.
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| Indian Oil Corporation is third with Rs 944.67 crore, the State Bank of India fourth with Rs 913.5 crore and Hindustan Lever fifth with Rs 450.93 crore.
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| The net profits of the top 100 Indian firms account for 83.5 per cent of the total profits earned by the 1,308 companies which have declared quarterly results till Saturday.
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| Net profits of these 100 firms, however, grew at a slower pace of 36.24 per cent against the 40 per cent net profit growth registered by the entire corporate sector.
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| Among the top 100 profitable firms, 26 are banks, nine are from the pharmaceutical sector, seven from refineries, six each from the automobile and infotech sectors, four each from cement and diversified sectors and three each from power and shipping.
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| Steel Authority of India (SAIL) and Shipping Corporation of India, which have posted turnaround in the first quarter, are among the top 100 profitable firms.
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| SAIL ranked 13th with a net profit of Rs 254.69 crore, and the Shipping Corporation was 29th with Rs 150.25 crore.
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| IT giant Infosys Technologies ranked 10th in the list and Wipro 19th. Tata Steel (11th), Ranbaxy (18th), Hindalco (20th), Bajaj Auto (24th) and Hero Honda (25th) are among the top 25.
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| Meanwhile, 1,250 companies in the manufacturing sector have posted healthy performance in the quarter ended June 2003.
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| Sales increased 11.86 per cent and net profits a hefty 40.15 per cent. Interest costs were 16.74 per cent lower, and depreciation increased by 7.53 per cent.
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Profit margins
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