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

81207034

Performance of the private corporate business sector during Q2:2021-22

Today, the Reserve Bank released data on the performance of the private corporate sector during the second quarter of 2021-22 drawn from abridged quarterly financial results of 2,716 listed non-government non-financial (NGNF) companies. Data pertaining to Q2:2020-21 and Q1:2021-22 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 improved in Q2:2021-22 as the economy transited into the recovery path, after the restriction related to the second wave of the COVID-19 pandemic were eased; sales of 1,687 listed manufacturing companies recorded steady and broad-based growth of 34.0 per cent on an annual (y-o-y) basis (Table 2A and Table 5A).

  • Sales growth (y-o-y) of information technology (IT) sector companies, which remained in positive terrain throughout the pandemic, accelerated to 19.5 per cent in Q2:2021-22 from 17.5 per cent in the previous quarter (Table 2A).

  • Sales of non-IT services companies expanded by 27.0 per cent in Q2:2021-22, albeit boosted by favourable base effects (Table 2A).

Expenditure
  • Manufacturing companies increased their expenditure on raw materials in tandem with the surge in sales during Q2:2021-22 (Table 2A and Table 5A).

  • Staff cost growth (y-o-y) also increased across sectors during Q2:2021-22 (Table 2A).

Operating profit
  • Rising turnover contributed to higher operating profits of manufacturing companies in Q2:2021-22 (Table 2A).

  • Operating profits of services sector companies (both IT and non-IT) also expanded (Table 2A).

Interest

  • With reduction in interest outgo and rise in profits, interest coverage ratio (ICR)1 of manufacturing companies increased to 8.7 in Q1:2021-22 (7.5 in the previous quarter); the ICR of non-IT services companies remained below unity (Table 2B).
Pricing power
  • Pricing power in terms of operating profit and net profit margins remained stable for manufacturing and IT companies (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 (Communications)

Press Release: 2021-2022/1329


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

PLAYING
LISTEN

Related Assets

RBI-Install-RBI-Content-Global

RbiSocialMediaUtility

بھارت موبائل ایپلی کیشن کے ریزرو بینک کو انسٹال کریں اور تازہ ترین خبروں تک فوری رسائی حاصل کریں!

Scan Your QR code to Install our app

RbiWasItHelpfulUtility

یہ صفحہ مددگار تھا؟