The payout rise was higher than that in net profit, which was 21.5 per cent. As a proportion of net profit, the payout was 25.15 per cent, compared to 24.1 per cent in March 2009 and 21.8 per cent in March 2008.
In 2001-02, demand recession had clipped the sales growth rate of corporate India to 2.6 per cent from the double-digit one of the earlier years.
Hiring up, rupee hedges in place, but net addition in clients still subdued.
An extensive analysis of the available results of companies for the just-concluded fourth quarter shows robust growth in sales and profit, carrying forward the momentum from earlier quarters.
No fewer than 276 new billionaires have entered the list this year.
India Inc's order book doubled in the fourth quarter (January-March) of the last financial year compared, to the year-ago period.
145 companies have paid Rs 125.65 billion (Rs 12,565 crore) as interim dividend for 2009-10
India Inc is expected to post 35-45 per cent rise in net profit in the fourth quarter ended March 31.
The foreign investors' attraction for India funds seems to be as restrained as in 2009, with only five such funds launched in the first two months of 2010, mobilising $492 million.
A study of 435 companies listed on the Bombay Stock Exchange, which provide their capital-employed data on a quarterly basis, shows capex grew by a meagre 3.4 per cent in the nine months ending December 2009, compared to the level in March 2009.
Corporate India will have to shell out an additional Rs 21,000 crore (Rs 210 billion) if the 2010-11 Budget increases the excise duty by 2 per cent.
An analysis of the growth rate of 15 leading drug companies for the third quarter of 2008-09 show excellent performances in domestic turf have been often marred by the poor show of their acquired assets.
India Inc as a whole has recorded a 62 per cent rise in net profit and 310 basis point rise in margins.
A total of 635 companies have declared their third-quarter results and reported 22 per cent rise in revenue and 47.3 per cent growth in net profit on an average.
Bharti Airtel and Larsen & Toubro may have struck a jarring note by turning in disappointing results, but India Inc as a whole has done fairly well so far in the third quarter ending December 2009.
The managers see Sensex trading at a P/E of 16.
Manufacturing sector suffers from project delays, lack of fresh capital.
Sales are expected to grow at an average of 14 per cent on the back of a strong show from automobiles, auto ancillaries, construction, capital goods, metals, refineries, metals and sugar.
The BSE metal index tops the sectoral gainers list with an appreciation of 233 per cent.
This year was the best since 1991, with benchmark indices rising over 100 per cent from their March lows.
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