FY07 MAY well go down in history as India Inc’s most profitable year ever. Driven by strong realisations and improving margins, India Inc has come out on top in terms of various ratios used to compute returns.
Indian companies have maintained their strong performance on the return on equity (RoE) front, which, at 25%, is up 3% year-on-year (YoY). The return on capital employed (RoCE) has also jumped sharply to around 27%, mirroring the improvement in RoE.
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Monday, September 24, 2007
India Inc's record performance
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