Q. What is the Corporate Profit to GDP ratio in India, as registered in FY 21?
Answer:
2.63%
Notes: The combined net profit of all the listed companies in India has moved up by 57.6% in FY 21 to Rs.5.31 trillion.
The Corporate Profit to GDP ratio in India stood at 2.63% in FY 21 which is an all-time high in the last 10 years. Although the sales and revenue of many firms were low due to nationwide lockdown, higher profitability was achieved mainly due to decline in raw material prices and input cost.