July 10, 2018 2:08 PM

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

<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><span style="font-size: 12.8px;">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. </span></div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">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.</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">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. </div>

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