FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (2024)

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (1)

1/11

India Inc report card

The March quarter and fiscal year 2022 earnings season is all but over. The year has been largely a story of recovery for India Inc. after a forgetful pandemic affected year. Though, in the last quarter of the fiscal, companies faced input cost pressure that affected their margins. Nonetheless, most companies managed to improve on their numbers. Below are 10 of the most profitable companies in India.

Agencies

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (2)

2/11

​Reliance Industries | Profit: Rs 67,565 crore

Not surprisingly, Mukesh Ambani-led Reliance Industries is the most profitable company in India. It reported net profit of Rs 67565 crore during the year, a jump of 27 per cent year on year (YoY). The telecom-to-retail empire improved its performance on almost all fronts during the year thanks to its leadership positions. It registered a sales growth of 48 per cent.

Reuters

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (3)

3/11

​Tata Steel | Profit: Rs 41,100.16 crore

The Tata Group firm made the most of the rally in commodity prices during the fiscal year and reported a profit growth of a whopping 422.74 per cent at Rs 41100.16 crore. The company also emerged as the most profitable Tata Group company, outpacing Tata Consultancy Services (TCS). The company said its sales grew 57 per cent during the year.

Reuters

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (4)

4/11

​TCS | Profit: Rs 38,449 crore

The crown jewel of the Tata Group which generates a heap of cash for its owners every year, continued its stellar performance this year as well. The IT behemoth’s profits grew 18 per cent to Rs 38449 crore, and sales rose 17 per cent. The company has also taken a role to support Tata Group’s recent digital ventures.

ETtech

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (5)

5/11

HDFC Bank | Profit: Rs 38,150.9 crore

The most valued bank in India proved its mettle once again and maintained its reputation to log 20 per cent profit growth every year. The company reported profits for FY22 at Rs 38150.90 crore. The lender has been focusing on rural areas to drive its next leg of growth. Moreover, it will also absorb HDFC in the next one year, which analysts believe will be value accretive in the long term.

Agencies

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (6)

6/11

State Bank of India | Profit: Rs 36,356.17 crore

The largest lender in India by asset size was the fifth most profitable company of the bygone fiscal year. Its profits grew nearly 50 per cent YoY, as slippages and provisions came down sharply during the year.

Agencies

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (7)

7/11

​ICICI Bank | Profit: Rs 25,783.83 crore

The private lender reported 28 per cent profit growth during the year to report profits at Rs 25783.83 crore. Lately, it has become a crowd favourite, at least on Dalal Street, as HDFC Bank has lagged in terms of stock market performance.

Agencies

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (8)

8/11

​Indian Oil | Profit: Rs 24,491.04 crore

The oil marketing company is the biggest company in India in terms of annual revenue—at Rs 7.36 lakh crore--but is placed seventh in terms of reported profits. During the fiscal 2022, its profits rose 19 per cent to Rs 24,491.04 crore even as it had to pause raising fuel prices for nearly 4 months due to elections.

Reuters

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (9)

9/11

​Vedanta | Profit: Rs 23,709 crore

The miner also found a place in top 10 profitable companies in India thanks to the massive rally in prices of minerals and commodities. The company reported profit after tax of Rs 23709 crore during the fiscal 2022, up 58 per cent over last year. It also delivered a sales growth of 51 per cent during the year.

Agencies

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (10)

10/11

​Infosys | Profit: Rs 23,709 crore

The IT giant reported profits at Rs 22146 crore for the year, growing 14 per cent, riding on increased digital adoption and ever-growing deal wins. The company said its sales grew 21 per cent during the year. In recent years, the company has beaten its larger peer TCS on most parameters of growth.

ETtech

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (11)

11/11

ITC | Profit: Rs 15,485.65 crore

The FMCG company was the 10th most profitable company in the country with net profits at Rs 15485.65 crore, a rise of 16 per cent YoY. Its sales grew 22 per cent in the same period. The company has been a beneficiary of recovery in the economy and increased sales of cigarettes. The war and food crisis has also been helpful for the firm.

Agencies

FY22 earnings report card: Here are top 10 most profitable companies in India - India Inc report card (2024)

FAQs

Which company has no 1 income in India? ›

Summary: Top 10 Companies in India by Highest Revenue
Company NameIndustryRevenue (INR)
Reliance Industries LimitedConglomerate₹5,39,000 Crores
Indian Oil Corporation LimitedOil and Gas₹5,14,000 Crores
Tata Motors LimitedAutomotive₹2,67,000 Crores
State Bank of IndiaBanking₹2,64,000 Crores
6 more rows
Jun 28, 2023

Which company has highest profit margin in India? ›

High Net Profit Margin Companies In India – Financials & List of...
  • High Net Profit Margin Companies #1 – Indian Energy Exchange.
  • High Net Profit Margin Companies #2 – HDFC AMC.
  • High Net Profit Margin Companies #3 – Nippon Life India Asset Management.
  • High Net Profit Margin Companies #4 – CDSL.
Jun 10, 2023

Which is the most profitable stock in India? ›

High Profit stocks
S.No.NameProfit growth %
1.PAE847.67
2.Mipco Seaml Ring70.00
3.Starlite Comp.16.67
4.Modern Dairies145.86
23 more rows

Which is the most profitable business of Reliance Group? ›

By Press Trust of India: Reliance Industries Ltd on Friday reported its highest-ever quarterly net profit of Rs 19,299 crore in January-March on the back of stronger earnings from the oil and petrochemicals business and steady growth in retail and telecom operations.

How much money do you need to be in top 1% in India? ›

For India, the entry point is $1,75,000 or Rs 1.45 crore. In Asia, Singapore has the highest threshold with $3.5 million required to be in the top 1%, ahead of Hong Kong's $3.4 million. For the Middle East, the highest entry point is at UAE, estimated at $1.6 million.

How much do top 10 earn in India? ›

For instance, in India, if you earn Rs 25,000 or more in India, then your salary comes under the top 10 per cent of the total wages earned in India.

What are the top 10 Indian stocks to buy right now? ›

Company NameLTPAll T/L
ICICI Bank975.453.77
Nestle India22977.15165.05
Bharti Airtel875.459.31
M & M1534.76.38
45 more rows

Which business has a huge profit in India? ›

A: The most profitable business in India depends on various factors, such as market demand, competition, and investment required. However, some of the most profitable businesses in India are e-commerce, food and beverage, healthcare, education, real estate, renewable energy, and travel and tourism.

Which business has highest growth in India? ›

TOP 10 FASTEST GROWING INDUSTRIES IN INDIA
  1. ADVANCED ENGINEERING & MANUFACTURING: ...
  2. PHARMACEUTICAL INDUSTRY: ...
  3. DIGITAL MARKETING AND SOCIAL MEDIA: ...
  4. ARTIFICIAL INTELLIGENCE AND AUTOMATION: ...
  5. ENERGY SECTOR: ...
  6. CONSTRUCTION: ...
  7. TELECOM: ...
  8. RETAIL:
Jan 11, 2023

What 5 stocks to buy in India? ›

  • HDFC Bank.
  • TCS/Tata Consultancy Services:
  • Hindustan Unilever.
  • Infosys.
  • RIL/Reliance Industries:
  • The Stock Market in 2023 - Where You'll Want to Be!

Which is the No 1 invest company in India? ›

Reliance Industries Ltd

The company is India's largest company by market value and is majorly owned by Shri Mukesh D. Ambani - India's richest individual. The company has been consistent for years and is usually one of the top choices of stock investors.

What are the top 5 stocks to buy right now in India? ›

Recos
  • Buy HDFC Bank, target price Rs 2050: Axis Securities. ...
  • Buy Sun Pharmaceutical Industries, target price Rs 1092: ICICI Direct. ...
  • Buy State Bank of India, target price Rs 609.8 : ICICI Direct. ...
  • Buy Gujarat Mineral Development Corporation, target price Rs 188: ICICI Securities.

What company makes the most profit per day? ›

Which Company Makes the Most Per Day?
RankCompanyProfit per Day
#1Saudi Aramco$304,039,726
#2Apple$163,098,630
#3Industrial & Commercial Bank of China$123,293,973
#4Samsung Electronics$109,301,918
6 more rows
Oct 21, 2019

What company has the highest profit? ›

1. Saudi Aramco ($305 Billion) Saudi Aramco is an Arabian oil and gas company that consistently generates the largest annual profits of any company in the world. The company generated $305 billion of operating profit in 2022 (which is more than the total profits of Apple, Microsoft, Google, and Visa combined).

What is the most profitable company to own? ›

In 2022, the Saudi Arabian oil company Saudi Aramco posted the highest net revenue of any company in the world, with profits of over 300 billion U.S. dollars. Apple, Microsoft, Alphabet, and Equinor rounded out the top five spots in the ranking of most profitable companies.

Who is the world No 1 business man in India? ›

Mr Mukesh Ambani, the Managing Director and Chairman of Reliance Industries, is India's wealthiest individual. As reported by Forbes, Reliance Industries has a revenue of over Rs 8 lakh crore ($104 billion). It is involved in diverse sectors such as petrochemicals, oil and gas, retail, telecom, and more.

Which is the world No 1 direct selling company in India? ›

1. Amway. One of the biggest direct-selling companies is Amway. The company offers agriculture, home care, personal care, nutrition, and beauty resources.

Who is the top No 1 business man in India? ›

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL) bags the richest Indian title with net worth of $82 billion. RIL Chairman is the only Indian to feature in the list of top ten billionaires in the world, according to 2023 Hurun Global Rich List.

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