Manufacturing sector records robust growth in fourth quarter of last fiscal, says RBI


Reserve Bank has revealed that India’s manufacturing sector recorded robust growth in sales and improvement in operating profit growth in the fourth quarter of the last fiscal.

A performance report of the private corporate business sector by RBI informs that the companies posted sales of 9.25 lakh crore rupees in the last quarter of 2017-18 as compared to 8.41 lakh crore rupees in the last quarter of 2016-17.

The report says that the operating profit growth of the manufacturing sector improved despite increase in input costs, due to higher growth in value of production.


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