Business Standard

Unlisted India Inc in poor shape

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B G Shirsat Mumbai
 Most unlisted Indian companies are not in the pink of health. That, at least, is what a Business Standard Research Bureau study based on Centre for Monitoring Indian Economy (CMIE) data on unlisted Indian firms suggests.

 The total revenue of 11,542 unlisted companies increased just 6.34 per cent, though they reported a lower net loss of Rs 1,921.45 crore in 2001-2002 than the net loss of Rs 4,090.68 crore in 2000-2001. Their interest costs increased 3.92 per cent and corporate tax payments climbed 1.88 per cent.

 First Source, CMIE

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First Published: Sep 29 2003 | 12:00 AM IST

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