CG announced as No.1 Company in Power Equipments by Dun & Bradstreet

Avantha Group Company CG announced that it has been announced as the top Indian company in Power Equipments for the 2^nd time by Dun & Bradstreet (D&B), a commercial data and analytics provider at the ‘Dun & Bradstreet Corporate Awards 2015’ held in Mumbai. The award recognised and felicitated corporate India’s leading companies from various sectors and is closely tied to D&B’s premium publication, India’s Top 500 Companies 2015.

The awards methodology is based on a proprietary model which considers various financial parameters such as total income, net profit, net worth, market capitalisation, net profit margins, growth in total income, growth in net profit, return on net worth, return on assets, cash flow indicators and many more. The primary focus is on business size and growth, profitability, efficiency, leverage, solvency, corporate governance norms and so on to evaluate performance of various companies in each sector and arrive at award winners.

Commenting on receiving the award, Avantha Group Company CG’s CEO & Managing Director, Mr. Laurent Demortier said: “We are very pleased to receive the 2015 Dun & Bradstreet Corporate Award. It is indeed a proud moment for us to be the sole recipient of this award in the Power Equipments category for the second time. CG has been an integral part of India’s power sector growth, be it with our indigenous UHV technology, market leadership or sustained long term relationship with our customers. This award reinforces our position as a preferred partner and proves the value differential that CG brings to its offerings.”