%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(9).png "SBI joins global top 100 in net profit, becomes third Indian firm to achieve the milestone")
Key Details:
a) ONGC
b) State Bank of India (SBI)
c) Reliance Industries
d) HDFC Bank
- India’s Position: State Bank of India (SBI) ranked 98th, becoming the third Indian firm to achieve this milestone after ONGC (2009) and Reliance Industries (2021).
- Top-Ranked Company: Alphabet (Google’s parent company) secured 1st place with an annual income of $111 billion, followed by Saudi Aramco ($105 billion).
- Global Trends: The U.S. dominates the list with 43 companies, followed by China (19) and Germany (5).
- SBI’s Growth: SBI’s net profit of $9.2 billion (₹77,561 crore) in FY25 was driven by strong recoveries, forex gains, and a 31% annual growth rate.
- Market Performance: SBI’s share price surged 9.3% in three months, outperforming the Nifty50 index.
Question:
Q.1 Which Indian company recently entered Bloomberg’s Global Top 100 Most Profitable Companies list in 2025?a) ONGC
b) State Bank of India (SBI)
c) Reliance Industries
d) HDFC Bank
Answer: b) SBI ranked 98th in Bloomberg’s 2025 list, making it the third Indian company to achieve this feat after ONGC and Reliance Industries.
