Sales of listed manufacturing firms rise 6 pc in FY25: RBI data

Mumbai: Gross sales of listed manufacturing sector firms rose by 6 per cent throughout 2024-25 as in comparison with 3.5 per cent progress within the previous yr, primarily led by cars, electrical equipment, meals and drinks, and prescription drugs industries, based on RBI information.

Then again, among the many main industries, petroleum and iron & metal sectors recorded a contraction of their gross sales throughout 2024-25, it mentioned.

On Thursday, the Reserve Bank launched information on the efficiency of the personal company sector throughout 2024-25 drawn from abridged monetary outcomes of three,902 listed non-government non-financial (NGNF) firms.

Throughout 2024-25, gross sales progress of listed personal non-financial firms improved to 7.2 per cent from a low of 4.7 per cent in the course of the earlier yr, it mentioned.

“Regardless of world headwinds, gross sales progress of IT firms improved to 7.1 per cent throughout 2024-25 from 5.5 per cent within the earlier yr,” RBI mentioned.

Non-IT companies firms recorded double digit gross sales progress throughout 2024-25, led by wholesome efficiency of telecommunication, transport and storage companies, and wholesale and retail commerce industries. Additionally, in step with acceleration in gross sales, manufacturing firms’ bills on uncooked materials rose by 6.6 per cent throughout 2024-25; uncooked materials to gross sales ratio elevated to 55.7 per cent in 2024-25 from 54.2 per cent a yr in the past, pointing to enter price strain. Additional, employees price rose by 10 per cent, 4.4 per cent and 12 per cent throughout 2024-25 for manufacturing, IT and non-IT companies firms, respectively; employees price to gross sales ratio broadly remained steady for manufacturing firms whereas it moderated for companies firms.

The information confirmed that with enhance within the enter prices, working revenue progress of producing firms moderated to six per cent throughout 2024-25 from 12.4 per cent within the earlier yr.

Inside companies sector, revenue progress moderated to fifteen.9 per cent in 2024-25 for the non-IT companies firms, whereas it inched as much as 6.1 per cent for IT firms.

Throughout 2024-25, operating profit margin moderated by 20 foundation factors (bps), 80 bps and 30 bps to 14.2 per cent, 21.9 per cent and 22.1 per cent, respectively, for manufacturing, IT and non-IT companies firms.