 "Private listed companies posted robust sales growth in Q4, says RBI")
India's manufacturing sector recorded robust growth in sales and improvement in operating profit growth in the fourth quarter of the last fiscal on yearly basis, according to an analysis of listed private sector non-financial companies by the Reserve Bank.
"Among major manufacturing industries, demand conditions improved for electrical machinery and apparatus; motor vehicles and other transport equipment; petroleum products; and pharmaceuticals and medicines," the central bank said on sales performance.
The companies posted sales of Rs 9.25 trillion in the last quarter of 2017-18 compared to Rs 8.41 trillion in the year-ago period.
The analysis is based on the abridged financial results of 2,723 listed non-government non-financial (NGNF) companies for January-March 2017-18.
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