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Despite pandemic, sales of private manufacturing companies surged 31% in Q4 FY21


Despite pandemic, sales of private manufacturing companies surged 31% in Q4 FY21
According to data released by RBI, sales of listed private manufacturing companies surged 31 per cent year-on-year in Q4 of FY21. While IT sector companies accelerated to 6.4%, non-IT companies registered marginal growth
The RBI said the manufacturing companies increased there expenditure on raw materials in tandem with the rise in sales during Q4
Rahul Shrivastava
Updated Jul 17, 2021, 9:16 AM IST
Despite the economic slowdown caused by the COVID-19 pandemic, sales of listed private manufacturing companies surged 31 per cent on a year-on-year (Y-o-Y) basis in Q4 of FY 2020-21 in comparison to growth recorded in the previous quarter of the same fiscal, according to RBI data.  ....

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