Most Profitable Indian Companies - listed by Forbes

Rank	Company	Country	Industry	Sales ($bil)	Profits ($bil)	Assets ($bil)	Market Value ($bil)
121	Reliance Industries	India	Oil & Gas Operations	34.03	4.87	43.61	35.95
150	State Bank of India Group	India	Banking	22.63	2.23	255.86	12.75
152	Oil & Natural Gas	India	Oil & Gas Operations	24.04	4.95	35.35	28.91
207	Indian Oil	India	Oil & Gas Operations	51.66	1.97	33.64	10.2
317	NTPC	India	Utilities	9.63	1.86	24.58	29.7
329	Icici Bank	India	Banking	15.06	0.85	120.61	7.14
463	Tata Steel	India	Materials	32.77	3.08	31.16	2.46
508	Bharti Airtel	India	Telecommunications Services	6.73	1.59	12.28	23.63
582	Steel Authority of India	India	Materials	9.82	1.89	10.54	6.14
689	Reliance Communications	India	Telecommunications Services	4.26	1.35	19.31	6.27
773	Larsen & Toubro	India	Capital Goods	7.3	0.58	9.92	6.99
795	Bharat Petroleum	India	Oil & Gas Operations	27.71	0.44	11.86	2.71
796	Bharat Heavy Electricals	India	Capital Goods	4.81	0.71	8.47	13.37
808	HDFC-Housing Devel	India	Banking	2.21	0.67	24.16	7.05
834	Tata Consultancy Svcs	India	Software & Services	5.7	1.25	4.36	9.2
848	Hindalco Industries	India	Materials	14.87	0.59	18.31	1.28
864	HDFC Bank	India	Banking	3.09	0.4	33.1	7.36
883	DLF	India	Diversified Financials	3.5	1.95	9.87	5.05
891	Infosys Technologies	India	Software & Services	4.16	1.16	4.45	13.79
946	Punjab National Bank	India	Banking	4.15	0.55	50.72	2.08
987	ITC	India	Food, Drink & Tobacco	3.65	0.79	4.43	13.48
989	Wipro	India	Software & Services	4.98	0.82	5.38	5.93
997	Bank of India	India	Banking	3.62	0.49	44.69	2.31
1002	Hindustan Petroleum	India	Oil & Gas Operations	25.43	0.34	10.74	1.86
1037	GAIL (India)	India	Utilities	4.69	0.69	6.28	5.04
1057	NMDC	India	Materials	1.42	0.81	2.7	11.75
1059	Canara Bank	India	Banking	4.19	0.45	45.1	1.33
1085	Power Grid of India	India	Utilities	1.15	0.36	10.78	7.94
1157	Tata Motors	India	Capital Goods	8.54	0.54	8.82	1.13
1184	Bank of Baroda	India	Banking	3.56	0.39	45.72	1.57
1324	Power Finance	India	Business Services & Supplies	1.26	0.3	13.64	3.24
1332	Axis Bank	India	Banking	2.2	0.26	27.23	2.44
1350	Union Bank of India	India	Banking	2.66	0.35	30.93	1.28
1380	Grasim Industries	India	Construction	4.23	0.72	5.19	2.46
1462	Indian Overseas Bank	India	Banking	2.25	0.3	25.39	0.49
1522	Sun Pharma Industries	India	Drugs & Biotechnology	0.82	0.37	1.49	4.11
1529	Mahindra & Mahindra	India	Consumer Durables	5.92	0.39	6.46	1.45
1629	Allahabad Bank	India	Banking	1.81	0.25	20.71	0.35
1659	Indian Bank	India	Banking	1.56	0.26	17.52	0.73
1663	Syndicate Bank	India	Banking	2.2	0.21	26.7	0.5
1698	IDBI Bank	India	Banking	2.51	0.19	33.04	0.69
1724	Central Bank of India	India	Banking	2.22	0.15	30.94	0.26
1793	Jindal Steel & Power	India	Materials	1.36	0.32	3.32	3.14
1794	National Aluminium	India	Materials	1.24	0.41	2.75	2.6
1869	Oriental Bank of Commerce	India	Banking	1.86	0.09	22.58	0.56
1872	UCO Bank	India	Banking	1.81	0.08	22.38	0.28
1939	Hero Honda Motors	India	Consumer Durables	2.57	0.24	1.26	3.62

 

Source: Forbes 2009