“India’s corporate profits are sub Rs 10 lakh crore if you add them all up. If you add up the listed universe, it is substantially lower. In fact, it used to be Rs 5 lakh crore a year back and now may be a little bit more than that. The next 5 or 10 years are going to make this multifold both because new companies will list and also because of financialisation and GST coming into play and changing things.”
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