PANAJI (GOA): Vedanta Limited, India’s diversified natural resources company, has featured among the top 100 companies in the Asia300 list, released by Nikkei Asian Review. With a selection process based on market capitalisation, the Nikkei Asian Review analyzes growth, profitability, efficiency and financial soundness of the companies, based on their earnings for the most recent fiscal year.
“It gives us immense pride to represent India’s natural resources sector in Nikkei Asia300 list. Vedanta’s diversified portfolio of low cost and tier-1 assets are at the core of its strong financial performance. I am confident that as we continue to deliver a robust business performance and generate superior returns for all our stake holders, we will be strongly positioned amongst the most prominent companies in the world,” says Tom Albanese, CEO, Vedanta Limited.
Vedanta is the only company in the natural resources sector to be selected among the top 100. A company’s power ranking is a comprehensive assessment of its overall strength, taking into account five key management indicators of the last five years; revenue, net profit, net profit margin, return on equity and equity ratio.
The Asia300 is Nikkei’s exclusive list of the biggest and fastest-growing companies from 11 economies across the Asian continent.