|
|
|
| « Latest Circulars » |
|---|
| Open DEMAT Account in 24 hrs |  Auction of State Government Securities Feb 23, 2024 | | RBI imposes monetary penalty on The Adinath Co-Operative Bank Limited, Dist. Surat, Gujarat | | The Relevance of SEACEN in a Turbulent World (Closing remarks by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - February 15, 2024 - at the 59th SEACEN Governors' Conference | | Business restrictions imposed on Paytm Payments Bank Limited vide Press Releases dated January 31 and February 16, 2024 | | Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - HCBL Co-operative Bank Ltd., Lucknow (U.P.) | | Business restrictions imposed on Paytm Payments Bank Limited vide Press Releases dated January 31 and February 16, 2024 | | Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District Extension of Period | | Reserve Bank of India (Government Securities Lending) Directions, 2023 | | Building resilient brand India amidst global uncertainty (Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India - December 28, 2023 - at the 10th SBI Banking and Economic Conclave in Mumbai) | | Trade Credit for imports into India Submission of return on issuance of bank guarantees for Trade Credits on the Centralised Information Management System (CIMS) | | Minutes of the Monetary Policy Committee Meeting, December 6 to 8, 2023 |
|
|
|
|
|
| « RBI Announces Special Open Market Operations (OMO)... | Master Circular on Conduct of Government Business by Agency... » |
Performance of the private corporate business sector during the third quarter of 2020-21 |
|
|
| March, 08th 2021 |
Today, the Reserve Bank released data on the performance of the private corporate sector during the third quarter of 2020-21 drawn from abridged quarterly financial results of 2,692 listed non-government non-financial (NGNF) companies. Data pertaining to Q3:2019-20 and Q2:2020-21 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:
Nominal Sales
-
With gradual easing of restrictions related to the Covid-19 pandemic and rebound in demand conditions, sales of 1,685 manufacturing companies expanded by 7.4 per cent (Y-o-Y) in Q3:2020-21 after recording contraction during the preceding six quarters; the recovery was led by iron and steel, automobiles, cement, chemicals and pharmaceuticals companies (Table 2A and Table 5A).
-
Information technology (IT) sector remained in positive terrain throughout the Covid-19 pandemic period and their sales increased by 5.2 per cent (Y-o-Y) in Q3:2020-21 (Table 2A).
-
Non-IT services sector recorded lower contraction (Y-o-Y) in sales [(-)5.7 per cent in Q3:2020-21 vis-à-vis (-)14.5 per cent in the previous quarter], which was supported by better performance of telecommunication, real estate and trade sector companies (Table 2A and Table 5A).
Expenditure
-
Manufacturing companies increased their expenditure on raw materials during Q3:2020-21 in tune with rise in sales (Table 2A).
-
Staff cost growth (Y-o-Y) increased for manufacturing and IT companies in Q3:2020-21, whereas it remained in contraction zone for non-IT services sectors (Table 2A).
Operating profit
- Operating profits for all group of companies improved in Q3:2020-21 (Table 2A).
Interest
- With rise in profits, interest coverage ratio (ICR)1 of manufacturing companies improved noticeably to 6.6 in Q3:2020-21 (4.6 in the previous quarter); ICR of non-IT services companies remained below one (Table 2B).
Pricing power
- Profit margins improved further for manufacturing and IT companies in this quarter (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.
(Yogesh Dayal)
Chief General Manager
Press Release: 2020-2021/1206
|
|
|
