Dun & Bradstreet (D&B), the world’s leading provider of global business information, honored the torchbearers among Indian corporates at the annual ‘Corporate Awards 2019’. The awardees from listed companies across 51 categories (Oil & Gas, Banks, Auto Components, Textiles, Telecom and more) were selected by D&B’s propriety model, based on several parameters such as total income, profitability, market capitalization and more (full list of winners below).

The event also witnessed the showcasing of the 19th edition of Dun & Bradstreet India’s annual publication, ‘India’s Top 500 Companies 2019’ – A compilation to recognize corporate India's leading companies from various sectors, including both private sector and public sector enterprises.

Key highlights from the publication

• The aggregate total income of Top 500 companies grew by 9.2% during FY18
• In contrast, the net profit of Top 500 companies reflected a 4.2% decline in FY18; this was largely due to an erosion in the profits of the Banking, Sugar, Textiles, Pharmaceuticals and Telecom Services sectors
• The 2019 edition of the publication features 48 new companies as compared to the previous edition. The aggregate value of total income of these 48 companies reflected a faster 17.3% growth in FY18, as against the overall growth of 9.2% of all Top 500 Companies taken together. Likewise, their aggregate net profit grew by 27%, as against a 4.2% decline at the aggregate level

Manish Sinha, Managing Director, Dun & Bradstreet – India said, "The Top 500 companies of India account for 1 out of every 5 rupees of GDP. The economy derives direct benefits from the improvement of the Top 500 Companies. They are very important contributors to the domestic economy but have to place themselves more significantly on the global map. Three areas amongst many others – better entrepreneurship eco-system, more high growth firms and better institutions will help them to become world-beaters. Medium, small and micro companies also benefit from the progress of large companies with the help of forward and backward linkages, improved competitive landscape, partnership and training opportunities for the companies that are part of their ecosystem."

The event was hosted in the company of special guest Dr. Krishnamurthy Subramanian, Chief Economic Advisor, Government of India.