RbiSearchHeader

Press escape key to go back

Past Searches

Theme
Theme
Text Size
Text Size
S1

Press Releases Marquee

RBI Announcements
RBI Announcements

RbiAnnouncementWeb

RBI Announcements
RBI Announcements

Asset Publisher

80224605

Performance of the private corporate business sector during the second quarter of 2020-21

Today, the Reserve Bank released data on the performance of the private corporate sector during the second quarter of 2020-21 drawn from abridged quarterly financial results of 2,637 listed non-government non-financial (NGNF) companies. Data pertaining to Q2:2019-20 and Q1:2020-21 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

  • Demand conditions in the manufacturing sector moved to the path of recovery with a softer contraction of 4.3 per cent (Y-o-Y) in nominal sales after a contraction of 41.1 per cent in the previous quarter, which witnessed major country-wide lockdown due to the COVID-19 pandemic; the recovery was led by iron and steel, food products, cement, automobile and pharmaceuticals companies (Table 2A and Table 5A).

  • Nominal sales of non-IT services sector also registered lower contraction of 14.5 per cent (Y-o-Y) led by expansion in sales of telecommunication and real estate companies (Table 2A and Table 5A).

  • Sales growth of IT sector companies remained steady at 3.6 per cent (Y-o-Y) in Q2:2020-21 (Table 2A).

Expenditure

  • Input cost pressure from raw materials remained subdued for manufacturing sector in Q2:2020-21 (Table 2A).

  • Staff cost growth (Y-o-Y) decelerated for IT companies in Q2:2020-21, whereas it remained in contraction zone for the manufacturing and non-IT services sectors (Table 2A).

Operating profit

  • Operating profits of manufacturing companies increased on the back of savings in expenditure; operating profits of services (both IT and Non-IT) companies also increased in Q2:2020-21 (Table 2A).

Interest

  • With rise in profits, interest coverage ratio (ICR)1 of manufacturing companies improved to 4.6 in Q2:2020-21 from 2.4 in the previous quarter; the ICR of non-IT services companies remained below one (Table 2B).

Pricing power

  • Profit margins improved across manufacturing and services companies on account of rise in profit from cost saving (Table 2B).

List of Tables
Table No. Title
1 A Performance of Listed Non-Government Non-Financial Companies Growth Rates
B Select Ratios
2 A Performance of Listed Non-Government Non-Financial Companies – Sector-wise Growth Rates
B Select Ratios
3 A Performance of Listed Non-Government Non-Financial Companies according to Size of Paid-up-Capital Growth Rates
B Select Ratios
4 A Performance of Listed Non-Government Non-Financial Companies according to Size of Sales Growth Rates
B Select Ratios
5 A Performance of Listed Non-Government Non-Financial Companies according to Industry Growth Rates
B Select Ratios
Explanatory Notes
Glossary

Notes:

  • The coverage of companies in different quarters varies, depending on the date of declaration of results; this is, however, not expected to significantly alter the aggregate position.

  • Explanatory notes detailing the compilation methodology, and the glossary (including revised definitions and calculations that differ from previous releases) are appended.

Ajit Prasad
Director   

Press Release: 2020-2021/830


1 ICR (i.e., ratio of earnings before interest and tax to interest expenses) is a measure of debt servicing capacity of a company. The minimum value for a viable ICR is 1.

RbiTtsCommonUtility

प्ले हो रहा है
শুনুন

Related Assets

RBI-Install-RBI-Content-Global

RbiSocialMediaUtility

রিজার্ভ ব্যাঙ্ক অফ ইন্ডিয়া মোবাইল অ্যাপ্লিকেশন ইনস্টল করুন এবং সাম্প্রতিক সংবাদগুলিতে দ্রুত অ্যাক্সেস পান!

Scan Your QR code to Install our app

RbiWasItHelpfulUtility

এই পেজটি কি সহায়ক ছিল?