The profits after tax earned by India's Nifty-500 listed companies in 2018 was about 4.8 trillion Indian rupees. This was a decrease compared to the previous year's profits. India's economic slowdown and a de-acceleration in growth for some of the sectors like the automobile industry and the banking sector may have contributed to this drop in profits.
Corporate sector profits after tax in India from 2003 to 2018*
(in billion Indian rupees)
*Note: The source has used the NIFTY-500 index as a proxy for corporate earnings since it contributes to 93 percent of India's market-cap.
One Indian rupee is approximately equal to 0.014 U.S. dollars and 0.013 euros (as of September 2019).
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Motilal Oswal Group. (January 24, 2019). Corporate sector profits after tax in India from 2003 to 2018* (in billion Indian rupees) [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1051551/india-corporate-profits-after-tax/
Motilal Oswal Group. "Corporate sector profits after tax in India from 2003 to 2018* (in billion Indian rupees)." Chart. January 24, 2019. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1051551/india-corporate-profits-after-tax/
Motilal Oswal Group. (2019). Corporate sector profits after tax in India from 2003 to 2018* (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1051551/india-corporate-profits-after-tax/
Motilal Oswal Group. "Corporate Sector Profits after Tax in India from 2003 to 2018* (in Billion Indian Rupees)." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1051551/india-corporate-profits-after-tax/
Motilal Oswal Group, Corporate sector profits after tax in India from 2003 to 2018* (in billion Indian rupees) Statista, https://www.statista.com/statistics/1051551/india-corporate-profits-after-tax/ (last visited November 01, 2024)
Corporate sector profits after tax in India from 2003 to 2018* (in billion Indian rupees) [Graph], Motilal Oswal Group, January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1051551/india-corporate-profits-after-tax/