Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: VAT RATES :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: VAT Audit :: TDS :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD
 
 
« Latest Circulars »
 RBI-Sources of Variation in Foreign Exchange Reserves in India during April-December 2016
 Developments in India’s Balance of Payments during the Third Quarter (October-December) of 2016-17
 RBI signs Memorandum of Understanding(MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Bank of Thailand
 RBI-Meeting Schedule of the Monetary Policy Committee for 2017-18
 RBI to conduct Overnight, 7 day and 14 day Variable rate Reverse Repo auctions under LAF on March 22, 2017
 Risk Management and Inter-bank Dealings: Operational flexibility for Indian subsidiaries of Non-resident Companies
 Master Directions on Issuance and Operation of Prepaid Payment Instruments in India
 RBI seeks comments on draft circular on Master Directions on Issuance and Operation of Pre-paid Payment Instruments (PPIs) in India
  Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2016-17)
 RBI-Reporting and Accounting of Central Government Transactions of March 2017
 Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2016-17)

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 2017 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