India's 30 biggest companies

India's biggest companies are public sector undertakings (PSUs) in the oil & gas sector.

Despite the hue and cry over subsidy burden, Oil PSUs have emerged as the biggest enterprises in India in terms of revenues, profits and net assets in FY11.

Here's a list of India's 30 biggest companies according to The Economic Times survey of India's top 500 companies.

1. Indian Oil Corporation

It is India's largest commercial enterprise, ranked 98th on the Fortune Global 500 list for 2011.

Turnover: Rs 3,13,627.88 crore (Rs 3.13 trillion)
Profit: Rs 7,830.72 crore (Rs 78.30 biillion)
Assets: Rs 1,17,405.85 crore (Rs 1.17 trillion)

...

2. Reliance Industries

Reliance Industries is ranked 13th in the Platts Top 250 Global Energy Company Rankings.

RIL is the largest publicly traded company in India by market capitalisation.

Turnover: Rs 2,68,354 crore (Rs 2.68 trillion)
Profit: Rs 20,211 crore(Rs 202.11 billion)
Assets: Rs 2,39,002 crore (Rs 2.39 trillion)

...

3. Bharat Petroleum Corporation

Bharat Petroleum Corporation is ranked 272 in the Fortune Global 500 list.

Turnover: Rs 1,55,370.19 crore (Rs 1.55 trillion)
Profit: Rs 1,634.96 crore (Rs 16.34 billion)
Assets: Rs 4,15,33.77 crore (Rs 415.33 billion)

...

4. State Bank of India

The State Bank of India (SBI) is the largest Indian banking and financial services company by turnover and total assets.

Turnover: Rs 1,47,843.92 crore (Rs 1.47 trillion)
Profit: Rs 10,684.95 crore (Rs 106.84 billion)
Assets: 14,84,481.66 crore (Rs 14.84 trillion)

...

5. Hindustan Petroleum Corporation

A Fortune 500 company, HPCL operates 2 major refineries and holds equity stake of 16.95 per cent in Mangalore Refinery & Petrochemicals.

Turnover: Rs 1,40,000.31 (Rs 1.4 trillion)
Profit: Rs 1,703.60 (Rs 17.03 billion)
Assets: Rs 44,407.18 (Rs 444.07 billion)

...

6. Oil and Natural Gas Corporation

Oil and Natural Gas Corporation is one of the largest Asia-based oil and gas exploration and production companies and produces around 77 per cent of India's total crude oil production.

Turnover: Rs 1,24,556.42 crore (Rs 1.24 trillion)
Profit: Rs 22,455.93 (Rs 224.55 billion)
Assets: 1,43,470.73 (Rs 1.43 trillion)

...

7. Tata Motors

Tata Motors is South Asia's largest automobile company. It is a leader in commercial vehicles and among the top three in passenger vehicles.

Turnover: Rs 1,23,222.91 crore (Rs 1.23 trillion)
Profit: Rs 9,273.62 (Rs 92.73 billion)
Assets: Rs 52,209.48 (Rs 522.09 billion)

...

8. Tata Steel

Tata Steel is India's second largest and second-most profitable private-sector company.

Turnover: Rs 1,19,734.10 (Rs 1.19 trillion)
Profit: Rs 8,982.69 (Rs 89.82 billion)
Assets: Rs 9,71,54.61(Rs 971.54 billion)

...

9. Hindalco Industries

Hindalco Industries is one of the world's largest Aluminium manufacturing companies and is a subsidiary of the Aditya Birla Group.

Turnover: Rs 72,508.72 crore (Rs 725.08 billion)
Profit: Rs 2,456.37 crore (Rs 24.56 billion)
Assets: Rs 58,932.64 crore (Rs 589.32 billion)

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10. ICICI Bank

ICICI Bank is India's second largest financial services company.

Turnover: Rs 61,594.70 crore (Rs 615.94 billion)
Profit: Rs 6,093.27 crore (Rs 60.93 billion)
Assets: Rs 5,06,087.63 crore (Rs 5.06 trillion)

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11. NTPC

NTPC is the largest Indian state-owned energy service provider based in New Delhi. It was ranked at 341 in the Forbes Global list.

Turnover: Rs 60,008.18 crore (Rs 600.08 billion)
Profit: Rs 9,353.40 crore (Rs 93.53 billion)
Assets: Rs 1,19,683.40 crore (Rs 1.19 trillion)

...

12. Bharti Airtel

Bharti Airtel is the fifth largest telecom operator in the world with about 230.8 million subscribers across 19 countries.

Turnover: Rs 59,601.80 crore (Rs 596.01 billion)
Profit: Rs 6,046.70 crore (Rs 60.46 billion)
Assets: Rs 1,00,785.20 crore (Rs 1 trillion)

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13. Coal India

Coal India is one of the world's largest coal miners. In April 2011, CIL was conferred the Maharatna status.

Turnover: Rs 55,148.31 crore (Rs 551.48 billion)
Profit: Rs 10,867.35 crore (Rs 108.67 billion)
Assets: Rs 34,903.38 crore (Rs 349.03 billion)

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14. Larsen & Toubro

L& T is a technology, engineering, manufacturing and financial services company. It is one of India's largest engineering and construction companies.

Turnover: Rs 53,008.27 crore (Rs 530.08 billion)
Profit: Rs 4,456.17 crore (Rs 44.56 billion)
Assets: Rs 63,416.74 crore (Rs 634.16 billion)

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15. Essar Oil

An integrated oil and gas company, it is a part of the Essar group based in Mumbai. With a major refinery in Gujarat, Essar Oil is second largest non-state refiner in India.

Turnover: Rs 48,165 crore (Rs 481.65 billion)
Profit: Rs 2,155.17 crore (Rs 21.55 billion)
Assets: Rs 21,084.83 crore( Rs 210.84 billion)

...

16. Steel Authority of India (SAIL)

It is one of the largest state-owned steel makers in India and among the top steel makers in world.

Turnover: Rs 43,434.62 crore (Rs 434.34 billion)
Profit: Rs 6,053.36 crore (Rs 60.53 billion)
Assets: Rs 20,425.25 (Rs 204.25 billion)

...

17. Bharat Heavy Electricals

Bharat Heavy Electricals is one of the oldest and largest state-owned engineering and manufacturing enterprise in India.

Turnover: Rs 43,556.87 crore (Rs 435.56 billion)
Profit: Rs 4,937.73 crore (Rs 49.37 billion)
Assets: Rs 58,877.53 crore (Rs 588.77 billion)

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19. Mangalore Refinery and Petrochemicals

Mangalore Refinery and Petrochemicals is an oil refinery at Mangalore. Set up in 1998, it is a subsidiary of ONGC.

Turnover: Rs 39,192.30 crore (Rs 391.92 billion)
Profit: Rs 1,176.63 crore (Rs 11.76 billion)
Assets: Rs 8,085.87 crore (Rs 80.85 billion)

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19. Maruti Suzuki

Maruti Suzuki was the first company in India to mass-produce and sell more than a million cars.

Turnover: Rs 38,140.69 crore (Rs 381.40 billion)
Profit: Rs 2,382.37 crore (Rs 23.82 billion)
Assets: Rs 14,762.90 crore (Rs 147.62 billion)

...

20. Tata Consultancy Services

TCS is the second-largest India-based provider of business process outsourcing services.

Turnover: Rs 37,928.51 crore (Rs 379.28 billion)
Profit: Rs 9,068.04 crore (Rs 90.68 billion)
Assets: Rs 25,037.81 crore (Rs 250.37 billion)

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21. Mahindra & Mahindra

M&M is the leader in the utility vehicle segment and has a growing global market presence in both the automotive and tractor businesses.

Turnover: Rs 37,026.37 crore (Rs 370.26 billion)
Profit: Rs 3,079.73 crore (Rs 30.79 billion)
Assets: Rs 36,926.19 crore (Rs 369.26 billion)

...

22. GAIL (India)

Gas transmission and marketing company set up by the government in August 1984 to boost the gas sector infrastructure.

Turnover: Rs 35,664.08 crore (Rs 356.64 billion)
Profit: Rs 4,020.97 crore (Rs 40.20 billion)
Assets: Rs 28,665.16 crore (Rs 286.65 billion)

...

23. Chennai Petroleum Corporation

The refinery has a capacity of 9.5 mmtpa, which is one of the most complex refineries in India with fuel, lube, wax and petrochemical stocks production facilities.

Turnover: Rs 33,223.82 crore (Rs 332.23 billion)
Profit: Rs 511.52 crore (Rs 5.11 billion)
Assets: Rs 7,988.46 crore (Rs 79.88 billion)

...

24. Sterlite Industries (India)

Sterlite Industries India Ltd. (SLT) is a subsidiary of Vedanta Resources plc, a diversified and integrated metals and mining group.

Turnover: Rs 32,900.85 crore (Rs 329 billion)
Profit: Rs 5,042.52 crore (Rs 50.42 billion)
Assets: Rs 63,455.47 crore (Rs 634.55 billion)

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25. Wipro

Wipro is the second largest IT services company by turnover in India and employs more than 120,000 people worldwide.

Turnover: Rs 31,763.90 crore (Rs 317.63 billion)
Profit: Rs 5,297.70 crore (Rs 52.97 billion)
Assets: Rs 27,837 crore (Rs 278.37 billion)

...

26. Punjab National Bank

Founded in 1894, it is currently the second largest state-owned commercial bank in India.

Turnover: Rs 31,206.60 (Rs 312.06 billion)
Profit: Rs 4,574.73 (Rs 45.74 billion)
Assets: Rs 3,73,786.38 (Rs 3.73 trillion)

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27. Infosys

Infosys is the second largest IT exporter in India with 133,560 employees as of March 2011.

Turnover: Rs 28,712 crore (Rs 287.12 billion)
Profit: Rs 6,823 crore (Rs 68.23 billion)
Assets: Rs 25,976 crore (Rs 259.76 billion)

...

28. Bank of Baroda

Bank of Baroda is the third largest bank in India and is ranked at 763 in Forbes Global 2000 list.

Turnover: Rs 25,800.41 crore (Rs 258 billion)
Profit: Rs 4,433.71 crore (Rs 44.33 billion)
Assets: Rs 3,55,826.85 crore (Rs 3.55 trillion)

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29. HDFC

HDFC is one of India's leading housing finance company providing range of loans.

Turnover: Rs 25,792.63 crore (Rs 257.92 billion)
Profit: Rs 4,528.41 crore (Rs 45.28 billion)
Assets: Rs 1,66,123.25 crore (Rs 1.66 trillion)

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30. Canara Bank

Canara Bank is a state-owned financial services company. The government nationalised Canara Bank, along with 13 other major commercial banks of India in July 1969.

Turnover: Rs 25,792.60 crore (Rs 257.92 billion)
Profit: Rs 4,034.19 crore (Rs 40.34 billion)
Assets: Rs 3,28,640.24 crore (Rs 3.28 trillion)