Performance of the private corporate business sector during Q2:2021-22

Last updated: 09 December 2021

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The Reserve Bank of India has released data on the performance of the private corporate business sector for the second quarter of 2021-22. This analysis, based on 2,716 listed companies, shows a significant recovery in sales for the manufacturing sector, growing by 34.0% year-on-year. The IT sector also saw accelerated sales growth, while non-IT services experienced expansion, partly due to favourable base effects. Expenditure on raw materials and staff costs increased in line with sales, and operating profits rose across both manufacturing and services.

Reserve Bank of India Date : Dec 08, 2021 Performance of the private corporate business sector during Q2:2021-22 Today, the Reserve Bank released data on the performance of the private corporate sector during the second quarter of 2021-22 drawn from abridged quarterly financial results of 2,716 listed non-government non-financial (NGNF) companies. Data pertaining to Q2:2020-21 and Q1:2021-22 are also presented in the tables to enable comparison. The data can be accessed at the web-linkhttps

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FAQ :

The data covers the second quarter (Q2) of the financial year 2021-22.

The study analysed the financial results of 2,716 listed non-government non-financial (NGNF) companies.

Sales for listed manufacturing companies recorded a steady and broad-based growth of 34.0 per cent on a year-on-year basis.

Sales growth for IT sector companies accelerated to 19.5 per cent in Q2 2021-22 from 17.5 per cent in the previous quarter.

Manufacturing companies increased expenditure on raw materials, and staff cost growth also rose across sectors in line with sales increases.

Yes, rising turnover contributed to higher operating profits for manufacturing companies, and operating profits also expanded for services sector companies.