Women-Led Companies Outperform Again, this Time in India - Building Gender Balanced Business

• Nine Indian companies run by the most prominent women managers outperformed the 30 leading listed firms on the Bombay Stock Exchange, according to a SundayET study, in year-on-year growth rates for the last five years.

• Over the five years through 2008, the nine companies had a compounded annual growth rate of around 35% in pretax income; the BSE-30 firms’ CAGR was 21%. Profit grew by about 56% in that period, including a 64% rise in the last three years for the women-run companies; the BSE-30 blue chips registered rates of 27% and 23% for the corresponding periods.

• SundayET chose firms run by “prominent” women, rather than a full selection of women-run firms or a random selection from the full pool. The women and firms selected were Kiran Mazumdar Shaw of Biocon, Sangeeta Reddy of Apollo Hospitals, Shobha Kapoor of Balaji Telefilms, Meher Pudumjee of Thermax, Swati Piramal of Piramal Healthcare, Shobhana Bhartia of HT Media, Sulajja Firodia Motwani of Kinetic Engineering (the only one of the nine to post negative numbers), Sminu Jindal of Jindal Saw (the most successful of the bunch, at 58% CAGR for the five years) and Rajshree Pathy of Rajshree Sugars & Chemicals.

The India Times article