Consistent loss makers

You need profits to run a business. You might be thinking, why are we stating the obvious. Well, in an era of unicorns, it has become increasingly necessary to reiterate the fact that what keeps a business alive are its profits.

The law of the stock market is simple: a business with solid fundamentals will survive the most turbulent of headwinds and give you returns in the long run. Inversely, if a company is fundamentally weak, it will repeatedly record losses and not create wealth even if it makes a lot of noise in the short term.

Hence, we decided to filter some businesses that are becoming infamous for burning a hole through portfolios.

Here's a list of 15 companies (with a market cap of more than Rs 2,000 crore) that have recorded persistent losses for the past five years.

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