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Sales of listed manufacturing companies grew by 6% in FY 2025, confirmed in RBI data
RBI: According to Reserve Bank of India data, sales of listed companies in the manufacturing sector grew by six per cent during 2024-25, as against a growth of 3.5 per cent in the previous year. It was mainly contributed by the automobile, electrical machinery, food and beverages, and pharmaceutical industries. Let's know more about this.
The sales of listed enterprises from manufacturers gained six percent from 2024-25, compared to a 3.5 percent expansion from the previous year. It was dominated largely by the automobile, electrical machinery, beverages, and pharmaceutical industries. It is claimed from the Reserve Bank of India figures.
However, for the major industries, the petroleum and iron and steel industries registered a decline during 2024-25. On Thursday, the Reserve Bank published figures on the 2024-25 performance of India's private corporate sector derived from the short-form financial results of 3,902 listed non-government non-financial (NGNF) corporations.
It said sales growth of listed private non-financial companies during 2024-25 improved to 7.2% from a low of 4.7% in the previous year. "Despite global challenges, sales growth of IT companies accelerated to 7.1% during 2024-25 from 5.5% in the previous year," the RBI said.
Non-IT services companies recorded double-digit sales growth during 2024-25, led by the good performance of telecom, transport, and storage services, and wholesale and retail trade industries. Further, in line with the sales pickup, raw material expenditure of manufacturing companies increased by 6.6% during 2024-25; The raw material-to-sales ratio increased to 55.7% in 2024-25 from 54.2% a year ago, pointing to input cost pressures.
