15 More firms join $ 100 Croren Revenue Club..!


With nearly all frontline companies having come out with their results for 2012 - 13, data with Capitaline show that the number of NSE listed firms with revenues of $ 1 billion or ($ 100 crore)  more went up to 139 from 125 in 2011-12.

Taking the March 31, 2013, rupee rate at Rs. 54.28 a dollar, this rate, each of the 139 firms reported revenues of Rs. 5,428 crore ( $ 1 billion) or / more in the financial year gone by.

In the 2011-12 listing, the reference rupee rate taken at Rs. 54.28 a dollar led to the 125 firms in the billion dollar-revenue club.

There were 15 new names in the club last year &  they included IndusInd Bank, Dabur India, State Bank of Mysore,

Godrej Consumer Product (GCPL), Wockhardt and J & K Bank. Voltas, Exide Industries, DCM Shriram & Century Textiles also joined the club. Most of these firms, excluding GCPL and Wockhardt, generate significant revenues within India.
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