Samvat 2081 recap: How much wealth top 10 businesses made since last Diwali—this group emerges as biggest wealth creator
Bharti Group, led by Sunil Mittal, emerged as the top wealth creator of the year with its combined market value surging to a whopping 24.8%, driven by a strong rebound in Bharti Airtel’s profitability. Its market capitalisation grew at the fastest rate among the country’s top ten conglomerates, climbing at an annualised rate of 28.9% since Diwali 2021, according to ET.
In FY25, Bharti Airtel’s consolidated net profit more than quadrupled from Rs 8,305 crore in FY22 to Rs 37,481 crore and soared even further to Rs 40,186 crore in the twelve months ending June 2025.
This drive came on the back of high tariffs, rising data consumption, and growing adoption of digital services across the country.
Bajaj Group, headed by Rajiv and Sanjiv Bajaj, came second with a 24.2% jump in market cap.Mahindra Group, led by Anand Mahindra, took the third spot, adding 15.7%.
The Mahindra & Mahindra (M&M) reclaimed its dominance in the SUVs and tractor sector, boosted by new model launches and expanding rural reach.
The auto maker has continuously maintained a double-digit growth in the market for three years leading to the last Samvat.
Its net profit nearly doubled from Rs 7,253 crore in FY22 to Rs 14,073 crore in FY25, further climbing to Rs 14,904 crore in the twelve months ending June 2025.As per the figures show, diversified business houses have remained strong, overcoming sectoral challenges and benefiting from revived domestic demand, ET reported.However, not everyone ended Samvat 2081 as a winner as four of the top ten conglomerates saw their market value dip.
HCL Technologies, founded by Shiv Nadar, fell 15.4%, while the Tata Group, India’s largest conglomerate by valuation, slipped 13.6%.
The slump came due to a combination of factors as global headwinds hitting the tech sector, metal prices moderated and underperformance in certain consumer-focused businesses.The contrasting fortunes highlight Bharti Group’s sharp focus, digital-first strategy, and steady operational improvements, which have allowed it to outpace even some of India’s most established industrial houses, cementing its place as one of the fastest-growing conglomerates in the country.
