The cumulative employee cost of the country’s Top 100 companies by market cap crossed the $100 billion mark (₹8,02,377 crore) for the first time in FY22. According to an analysis by Fortune India of the audited financial numbers for FY22, 119 companies that constitute the BSE and NSE 100 indices have seen their cumulative total income cross $1.02 trillion (₹80,96,057 crore) for the first time. Considering the dollar to rupee value of 79.07 (as on July 7), the employee cost stands at $101 billion. As on March 31, 2022 (rupee at 75.80 vs dollar), total income and employee cost numbers stood at $1.07 trillion and $106 billion, respectively.

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