Last Updated on July 10, 2018 11:30 am by INDIAN AWAAZ
AMN
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.