Growth in private corporate sector sales moderates to 4.7% in FY24: RBI data
By PBNews In the fiscal ended March 31, 2024, operating profit margin improved across major sectors during 2023-24; it stood at 14.4 per cent, 22.4 per cent and 22.7 per cent for manufacturing, non-IT services and IT companies, respectively.
Annual sales growth rate of listed private non-financial companies slowed to 4.7 per cent in FY2023-24 from 19.8 per cent in FY2023, the Reserve Bank of India’s (RBI) data showed.
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