Ratan Tata years: Profit zoomed 51 times, market capitalization 33 times under his leadership
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Tata Group patriarch Ratan Tata, who passed away last night at the age of 86, added enough zeros to the salt-to-software conglomerate's balance sheets for revenues to pole-vault 46 times to Rs 4.75 lakh crore in his 21 years of chairmanship which ended in 2012. The tycoon took over the reins of the Tata Group in 1991 after his uncle, the legendary JRD Tata, stepped down and named Ratan Tata as his successor. The Ratan Tata years saw the diversified conglomerate transforming itself with ambitious new ventures and international expansion. The Tata Group's profit during this period surged 51 times to over Rs 33,500 crore. Unsurprisingly, the firm's market capitalization also grew 33 times during this time. The Tata Group remains a favorite among investors on Dalal Street, having added Rs 22,42,391 crore to its market capitalization in the last five years alone—a jump from Rs 10,74,994 crore to Rs 33,17,385 crore. It was under Rat...