32 listed firms paid ₹6.3k cr in royalty in FY15
As many as 32 multinational companies listed on the BSE have paid royalties worth ₹6,300 crore to their global parents in the last fiscal, corporate advisory firm IiAs said today. Royalty payments are made by firms for using technology know-how which is developed by their global parents. Notably, the payments translate to 21% of the company's pre-royalty pre-tax profits.