Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: empanelment :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: cpt :: articles on VAT and GST in India :: TDS
 
 
Latest Circulars »
 Auction of Government of India Dated Securities January 22, 2018
 Auction for Sale (Re-issue) of Government Stock (GS) January 22, 2018
 RBI reiterates legal tender status of ₹ 10 coins of different designs
 RBI clarifies that official apprehended by CISF not an RBI employee
 RBI-Formation of new districts in the State of Assam - Assignment of Lead Bank Responsibility
 RBI to conduct Overnight Variable Rate Reverse Repo auction under LAF on January 18, 2018
 RBI-Auction of Government of India Dated Securities January 15, 2018
 Understanding and Managing Interest Rate Risk at Banks (Viral V Acharya, Deputy Governor – January 15, 2018 – at the FIMMDA Annual Dinner, 2018
 Auction of State Government Securities
 RBI releases draft directions on hedging of commodity price risk and freight risk in overseas markets
 Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) – Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh)

Performance of the Private Corporate Business Sector during Third Quarter of 2013-14 - Data Release
March, 08th 2014

The Reserve Bank of India today released on its website the data on the performance of non-financial private corporate business sector during third quarter of 2013-14 (October-December 2013).

The data compiled are based on the abridged financial results of 2,731 listed non-government non-financial companies. To enable comparison, similar data pertaining to Q3:2012-13 and Q2:2013-14 are also presented. Coverage of companies in different quarters varies to some extent, depending on date of declaration of quarterly results but it is not expected to alter the aggregate position significantly. ‘Explanatory Notes’ containing the brief methodology followed for compilation of data and the glossary of terms are given at the end.

Highlights:

  • Aggregate sales growth (Y-o-Y) decelerated in Q3:2013-14 after an upturn in Q2:2013-14.

  • This reversal is evident in large companies (annualised sales of more than `10 billion in Q2:2013-14) while the total sales of small companies continued to contract. The decline in sales growth is noticeable across the manufacturing, services (other than IT) and the IT sectors. 

  • Overall expenditure growth declined due to lower growth in raw material expenses and staff cost. 

  • Due to lower growth in expenditure, operating profits as measured by Earnings Before Interest Tax Depreciation and Amortisation (EBITDA), turned around with a growth of 5.7 per cent in Q3:2013-14 against contraction observed in the previous quarter.

  • Growth in interest expenses (y-o-y) declined in Q3:2013-14 across all sectors. Interest coverage ratio expressed as Earnings before Interest and Tax (EBIT)/Interest expenses remained comparable to those in Q2:2013-14 and Q3:2012-13.

  • Other income grew significantly in Q3:2013-14. Share of other income in net profits increased from the level observed in Q3:2012-13, although it remained below the level observed in the previous quarter.

  • EBITDA margin improved to some extent, at the aggregate level and also for all the major sectors. Net profit margin also improved at the aggregate level and the manufacturing sector; however, it declined for the services (IT and non-IT) sector.

Sangeeta Das
Director

Press Release : 2013-2014/1772

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions