Performance of the private corporate business sector during the third quarter of 2019-20 - আৰবিআই - Reserve Bank of India
Performance of the private corporate business sector during the third quarter of 2019-20
Today, the Reserve Bank released data on the performance of the private corporate sector during the third quarter of 2019-20 drawn from abridged quarterly financial results of 2,702 listed non-government non-financial (NGNF) companies. Data pertaining to Q3:2018-19 and Q2:2019-20 are also presented in the tables to enable comparison. The data can be accessed at the web-link https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics#!2_42. Highlights Sales
Expenditure
Operating profit
Interest
Pricing power Profit margins dipped for manufacturing companies, but remained steady for IT companies. Non-IT services companies recorded negative net profit margins driven down by heavy losses in telecommunication companies (Table 2B).
Notes:
Ajit Prasad Press Release : 2019-2020/2087 1 As per Indian Accounting Standard (Ind AS) 116 2 The interest coverage ratio (ICR) is the ratio of earnings before interest and tax to interest expenses. It is a measure of a company’s debt servicing capacity. The minimum value for a viable ICR is 1. |