Oil companies continue to reign supreme in India.
Five out of the top 10 companies in Fortune 500 list of Indian companies are from the oil sector.
Fortune's Indian edition, said there has been a 9.5 per cent annual growth in total revenues, while in terms of profit it is 4.5 per cent.
The government-owned companies, which account for 38 per cent of the total revenue, have seen a 6.6 per cent growth, while private companies with 56.7 per cent share have seen revenue growing by 10.2 per cent.
The manufacturing sector with 298 companies has a 67 per cent share of the total revenue, marginally lower than 68.7 per cent in 2013.
Take a look at India’s 10 biggest companies…
Indian Oil Corp (IOC)
Rank: 1
Annual revenue: Rs 5,00,973 crore
India’s largest company, Indian Oil Corp dominates the petroleum products market accounting for a 49 per cent share.
Reliance Industries
Rank: 2
Annual revenue: Rs 4,44,021 crore
Mukesh Ambani-owned Reliance Industries is India's largest private sector enterprise, with businesses in the energy and materials value chain.
Bharat Petroleum
Rank: 3
Annual revenue: Rs 2,67,718 crore
Bharat Petroleum Corporation is an oil refining, exploration and marketing PSU with Navratna status.
Hindustan Petroleum
Rank: 4
Annual revenue: Rs 2,36,797 crore
Hindustan Petroleum Corporation, which is ranked 260th in the Fortune Global 500 rankings, is a govt-owned oil and natural gas company with Navratna status.
Tata Motors
Rank: 5
Annual revenue: Rs 2,36,502 crore
Founded in 1945, Tata Motors is today a leader in commercial vehicles and passenger vehicles.
State Bank of India
Rank: 6
Annual revenue: Rs 2,26,944 crore
The State Bank of India is the largest Indian banking and financial services company by turnover and total assets.
ONGC
Rank: 7
Annual revenue: Rs 1,82,084 crore
Founded in 1956, ONGC is one of India's largest oil and gas exploration and production companies.
Tata Steel
Rank: 8
Annual revenue: Rs 1,49,663 crore
The 100-year- old Tata Steel manufactures a wide range of steel products. It was ranked 471st in the 2013 Fortune Global 500 ranking of the world's biggest corporations.
Essar Oil
Rank: 9
Annual revenue: Rs 99,473 crore
Essar Oil deals with the exploration and production of oil and natural gas, refining of crude oil, and marketing of petroleum products.
Hindalco Industries
Rank: 10
Annual revenue: Rs 89,175 crore
Established in 1958, the metals flagship company of the Aditya Birla Group, Hindalco Industries is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia.
Inputs: PTI
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