scorecardresearchDespite input cost pressure, profits of manufacturing companies surged by 50.2% in FY22: RBI

Despite input cost pressure, profits of manufacturing companies surged by 50.2% in FY22: RBI

Updated: 27 Jun 2022, 11:01 AM IST
TL;DR.
Private corporate sales and profitability recorded healthy growth in during 2021-22 as the effects of the COVID-19 pandemic subsided and economic activity recovered.
Sales of 1,865 listed private manufacturing companies witnessed broad-based recovery and expanded by 36.7 per cent during 2021-22 as compared with a contraction of 2.8 per cent in the preceding year.

Sales of 1,865 listed private manufacturing companies witnessed broad-based recovery and expanded by 36.7 per cent during 2021-22 as compared with a contraction of 2.8 per cent in the preceding year.