I excluded one large bank whose March 2017 Earnings were not available on the internet at its website.
Let me copy from a post I made about two years ago on India largest Companies with market caps above 1 trillion Indian Rupees (INR) when I was reviewing the largest Country Company financial statements related to the then most recent 2014 Earnings:
"Unlike in China where 12 of its largest 15 Companies are in the financial industry, with 10 of them being banks, and in Russia where 6 of its largest 10 Companies are in the oil & gas industry, India is blessed with a very desirable, highly diversified economy. To illustrate, here is a breakdown of these 19 largest India Companies by industry:
- 5 Financial
- 4 Information Technology
- 3 Very Diversified Conglomerates
- 2 Auto Manufacturers
- 1 Pharmaceutical Manufacturing
- 1 Consumer Goods
- 1 Telecom
- 1 Oil & Gas
- 1 Coal Mining
Below here are the reported Earnings (Losses) for each of these 8 largest India Companies with market caps above 2 trillion Indian Rupees now for all years from 2007 to 2016:
2016 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||
Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
India Largest Companies | Recent | Net | Net | Net | Net | Net | Net | Net | Net | Net | Net | |
Mkt Caps>Above 2 Tril INR | FYE | Profit | Profit | Profit | Profit | Profit | Profit | Profit | Profit | Profit | Profit | |
Rs Mils | Rs Mils | Rs Mils | Rs Mils | Rs Mils | Rs Mils | Rs Mils | Rs Mils | Rs Mils | Rs Mils | |||
Reliance Industries Ltd | Mumbai | Mar17 | 314,250 | 273,840 | 227,190 | 219,840 | 210,030 | 200,400 | 202,860 | 162,360 | 153,090 | 194,580 |
Tata Consultancy Services | Mumbai | Mar17 | 263,570 | 243,380 | 198,522 | 191,639 | 139,173 | 104,135 | 90,680 | 70,006 | 52,564 | 50,260 |
Oil & Natural Gas Corp Ltd | Dehradun | Mar17 | 179,000 | 161,399 | 177,330 | 220,948 | 209,257 | 251,229 | 189,240 | 167,676 | 161,263 | 167,016 |
HDFC Bank Ltd | Mumbai | Mar17 | 145,500 | 122,960 | 102,160 | 84,780 | 67,260 | 51,670 | 39,260 | 29,490 | 22,450 | 15,900 |
Infosys Ltd | Bangalore | Mar17 | 143,530 | 134,910 | 123,290 | 106,480 | 94,210 | 83,160 | 68,230 | 62,190 | 58,190 | 44,700 |
ITC Ltd | Kolkata | Mar17 | 102,009 | 93,284 | 96,077 | 87,852 | 74,180 | 61,620 | 49,880 | 40,610 | 32,640 | 31,200 |
Maruti Suzuki India Ltd | New Delhi | Mar17 | 73,377 | 53,643 | 37,112 | 27,830 | 23,921 | 16,352 | 22,886 | 24,976 | 12,187 | 17,308 |
Hindustan Unilever Ltd | Mumbai | Mar17 | 42,470 | 41,160 | 38,429 | 35,553 | 33,144 | 25,992 | 21,533 | 21,027 | 25,007 | 17,431 |
Total all 8 | 1,263,706 | 1,124,576 | 1,000,110 | 974,922 | 851,175 | 794,558 | 684,569 | 578,335 | 517,391 | 538,395 | ||
Annual Total Earnings % Increase: | ||||||||||||
….. Total Earnings 2016 Above 2015 | 12% | |||||||||||
….. Total Earnings 2016 Above 2014 | 26% | |||||||||||
….. Total Earnings 2016 Above 2013 | 30% | |||||||||||
….. Total Earnings 2016 Above 2012 | 48% | |||||||||||
….. Total Earnings 2016 Above 2011 | 59% | |||||||||||
….. Total Earnings 2016 Above 2010 | 85% | |||||||||||
….. Total Earnings 2016 Above 2009 | 119% | |||||||||||
….. Total Earnings 2016 Above 2008 | 144% | |||||||||||
….. Total Earnings 2016 Above 2007 | 135% |