Trillion Dollar Club: There are now 8 cos that generate ₹1 lakh cr quarterly revenues

May 17, 2023

By: BI India Bureau

First Tata Group company with more than ₹1 trillion revenue

​Tata Motors not only reported a better-than-expected Q4 earnings but also crossed ₹1 lakh crore revenue mark. Its total revenue from operations grew 35 percent on year ₹1.06 lakh crore in the March quarter. It also became the first Tata group company with more than ₹1 trillion quarterly revenue. ​

Credit: Tata-Motors

Profit for the second straight quarter

​Tata Motors reported a net profit of ₹5,408 crore in Q4, which is also its second consecutive profitable quarter, after posting losses for seven consecutive quarters since Q4 FY21. The profit this quarter is driven by growth in domestic sales and improved performance of its British subsidiary Jaguar Land Rover.​

Credit: BCCL

Companies with ​more than ₹1 lakh crore quarterly revenue ​

There are seven other companies which generate more than ₹1 lakh crore quarterly revenue in India. Out of which, five are state owned companies.

Credit: Canva

Indian Oil Corporation has ₹2.3 lakh crore revenue

​In the March quarter, the oil refining major reported a 10 percent on-year growth in its revenue from operations to ₹2.3 lakh crore from ₹2.09 lakh crore in the same quarter previous year. ​

Credit: Indian-Oil-Corporation

Reliance Industries with ₹2.16 lakh crore revenue

​The Mukesh Ambani-led company’s total revenue in March quarter rose 2 percent on-year to ₹2.16 lakh crore beating analyst estimates.​

Credit: Reliance-Industries

Life Insurance Corporation with ₹1.96 lakh crore revenue

​The insurance behemoth will declare its March quarter results on May 24. In the December quarter, its revenue rose 13 percent on-year to ₹1.96 lakh crore. ​

Credit: LIC

ONGC brings in ₹1.69 lakh crore in revenue

​The oil producer is yet to come up with its March quarter earnings. In the December quarter, its revenue from operations grew 16 percent on-year to ₹1.69 lakh crore.​

Credit: ONGC

BPCL’s revenues at ₹1.33 lakh crore

​The oil refiner is yet to announce its Q4 results. In the December quarter, its revenue from operations rose 13 percent on-year to ₹1.33 lakh crore from ₹1.17 lakh crore last year. ​

Credit: BPCL

HPCL’s revenues at ₹1.14 lakh crore

​The oil refiner has reported 9 percent growth in its revenue from operations for March quarter to₹1.14 lakh crore from ₹1.05 lakh crore during the same period last year. ​

Credit: HPCL

Malaysian authorities say they plan to start searching for the missing MH370 plane again, 10 years after it disappeared