A
look at the performances for the financial year 2005-06 by the companies featured
in The 500 illustrates that most of the companies across sectors
have notched up significant growth in net sales. For instance, The
500 companies came out with an impressive combined net sales figure of Rs. 1,519,277.44
cr, up 18.86% over last year's numbers. A look further inside suggests that the
companies have also improved their year-over-year operating profit (PBDIT) growth,
up 13.54%, on the back of improved operational efficiency.
Once
again, it is the oil industry, led by the PSU behemoth Indian Oil Corporation
(IOC), which shares the top honors this year as well, snatching away 6 of the
top 10 positions ranked by net sales. The other sectors which figure in the top
10 are banking, steel, and power. The industry, dominated by PSU players, contributes
32.8% of total net sales of The 500; the banking sector follows
it with a contribution of 11.6%. Steel industry with 6.52%, automobile industry
with 5.68%, trading with 5.44%, and power sector with 3.55% are some of the major
contributors to net sales of The 500 companies.
Of
the 500 list, the lion's share is accounted for by companies from banking and
textile industries; 34 companies from each of the two industries. They are closely
followed by steel and automobile with 31 and 30 companies, respectively. Among
those industries which have least number of representatives are sugar industry
and air transport, with one company each. Companies
like Reliance Capital, Gitanjali Gems Ltd. and Punj Lloyd Ltd. are among those
which make their debut in this year's 500 list.
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