When the going gets tough

Barring a handful, the fourth edition of Fastest Growing Companies is reflective of the challenging environment that India Inc finds itself in

2015 had little to cheer with the stock market going nowhere as corporate earnings stagnated due to weak consumer demand and negligible investment-led growth. The only good thing for companies was the weak commodity prices which led to better margins. Interestingly, while the lack of reforms saw foreign institutional investors pull money off the table in CY15, domestic investors continued to place their faith in the India growth story. Against such a backdrop, the fourth edition of Outlook Business’ special annual issue, Fastest Growing Companies, profiles some outliers, who have managed to buck the trend.