Crunch Time
Nov 14, 2019
3 minutes
BY ANUP JAYARAM
ILLUSTRATION BY RAJ VERMA
IT’S BEEN A TOUGH YEAR, not just for the economy, but for India Inc. too. As the economy wades through a longish slowdown, India Inc. appears to have strengthened its resolve and tightened its belt. Total income of BT 500 companies rose 16.4 per cent in 2018/19 as against an 11 per cent in 2017/18. Profit after tax recorded a remarkable 19.4 per cent increase as opposed to the 12.2 per cent decline last year.
However, the overall market cap of BT 500 companies fell
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