Listed private non-financial companies report 8% sales growth in Q2FY26: RBI
The Reserve Bank of India (RBI) in its latest data has showed that the improvement in all major sectors has led to an 8% growth in the sales of listed private non-financial companies during the second quarter of the current fiscal (Q2FY26) against 5.5% growth in the preceding three months. The sales growth during the July-September quarter of the last fiscal was 5.4%. The RBI has released the data on the performance of the private corporate business sector during the second quarter of 2025-26, drawn from abridged quarterly financial results of 3,118 listed non-government non-financial companies.
The data showed an aggregate sales growth of 8.5% YoY by 1,775 listed private manufacturing companies during the Q2FY26, mainly driven by higher sales growth in automobiles, food products, electrical machinery and chemicals industries. During the quarter, the Information Technology (IT) companies recorded a 7.8% YoY rise in their sales against 6% YoY in the previous quarter. Meanwhile, the non-IT services companies saw a double-digit sales growth of 10.6% YoY in Q2FY26 as compared to 7.5% YoY growth in the previous quarter, primarily due to higher sales growth recorded by the wholesale and retail trade companies.
Moreover, RBI said that the manufacturing companies’ expenses on raw material rose by 9% YoY in Q2FY26 in consonance with their sales growth. Further, the staff cost of manufacturing, IT and non-IT services companies increased by 9.2%, 6% and 8.9% YoY, respectively, during Q2FY26. The growth in staff cost was higher than the growth recorded during the previous quarter.
