IT dominates manufacturing sector in growth trends but sector-wide margins contract: RBI report
The Reserve Bank of India released the annual performance report of the listed private non-financial companies. IT sector companies continue to dominate the manufacturing sector in annual growth rate despite the latter’s soaring year-on-year growth in the fiscal year 2024-25.
Furthermore, the profit growth of the non-financial private companies felt the effect of a significant rise in raw materials and staff costs. Here are the highlights of the RBI’s report on sales, expenditure, and profits of the 3902 listed private non-financial companies of
