According to data from the Centre for Monitoring Indian Economy (CMIE), profit after tax (PAT) as a percentage of capital employed rose to 10.47% in September, up from 8.41% a year earlier. This is the highest level recorded since March 2010. The data covers 3,307 non financial companies, where capital employed includes both equity and … Continue reading India Inc’s Profitability Hits 14-Year High as Returns on Capital Surge