Reliance tops in market cap, net worth

Further, the Reliance group has the largest assets among all the Indian business houses. Its total assets amounted to Rs 55,416 crore. Here again, Tata comes second with assets of Rs 48,932 crore and AV Birla group third with assets of over Rs 26,000 crore. Reliance group’s gross fixed assets and netfixed assets are at Rs 39,533 crore and Rs 31,582 crore are also the largest among all Indian business houses at the end of the millennium.

In net profit (for the year 1998-99) also, Reliance topped the list of business groups. The group clocked a net profit of Rs 1,792 crore, followed by the Tatas (Rs 1,539 crore), AV Birla group (Rs 977 crore) and Bajaj (Rs 562 crore). In the year 1998-99, Reliance group has recorded an operating profit of Rs 1,978 crore.