Corporate sector profits to GDP by Nifty-500 1999-2018
The ratio of profits from India's corporate sector to the country's GDP based on the Nifty-500 averages, was around 2.8 percent in 2018, marking the lowest point in over a decade. The Nifty-500 profits have broadly flat-lined to an average of four percent over the last five years, owing to problems with asset qualities of corporate banks in the private and public sector undertakings. It can be seen that the 2018 profit to GDP ratio reflected the same as back in 2003, indicating a slowdown in the country's economy.
