On 24 June 2026 the Reserve Bank of India released its report on the Performance of the Private Corporate Business Sector for 2025–26. Listed private non‑government non‑financial (NGNF) companies recorded 10.1% sales growth, returning to double‑digit expansion after two years.
Key Aggregate Findings
- Sales (NGNF listed): 10.1% growth in 2025–26.
- Primary driver: Manufacturing sector led the overall improvement.
Sectoral Performance
- Manufacturing: Sales +10.8% in 2025–26 (from 6.0% a year earlier).
- Leading industries in manufacturing: Automobiles, electrical machinery, food & beverages, chemicals.
- Petroleum: Continued decline in sales.
- Information Technology (IT): Sales +7.9% (up from 7.1%).
- Non‑IT services: Maintained double‑digit sales growth; wholesale and retail trade were key contributors.
Profitability and Costs
- Raw material expenses: Increased by 12% for manufacturing firms.
- Manufacturing operating profit: +10.3% (previous year 6.0%).
- IT operating profit: +10.7%.
- Non‑IT services operating profit: Slowed to 7.1%.
IASPOINT Booster Facts
- NGNF scope: Listed private non‑government non‑financial companies; excludes government enterprises and financial firms.
- Report coverage: Annual RBI publication providing firm‑level aggregates on sales, costs and operating profits for NGNF companies.
- Prelims focus areas: Memorise sectoral growth rates, raw material cost change (12%) and operating profit differentials across manufacturing, IT and non‑IT services.