Smaller firms donated larger share of profit
Business Standard|March 16, 2024
Smaller listed companies donated a larger share of their net profits through electoral bonds than their bigger peers.
SACHIN P MAMPATTA

The top 10 most valuable companies donated the equivalent of 0.2 percent of their total profits over the preceding four years. It was 14.8 percent for the bottom 10 least-valuable companies (chart 1). The analysis is based on 95 listed companies with available data from the electoral bonds information released by the Election Commission following a Supreme Court directive.

The numbers, while not exhaustive, can be indicative of the broader trend among large companies.

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