IIP rises by a robust 8.4% in Nov 2017

Highest growth recorded since June 2016

by Suparna Chattopadhyay

The Index of Industrial Production (IIP) rose by 8.4 per cent in November 2017 as against a 5.1 per cent growth in the year-ago month. This is the highest growth recorded since June 2016.

Manufacturing output rose by a robust 10.2 per cent as against 4 per cent growth in November 2016. Electricity generation expanded by 3.9 per cent as compared with a rise of 9.5 per cent in November 2016. Mining output was marginally up by 1.1 per cent on stronger base, an 8.1 per cent growth in the year ago month.

During April-November 2017, IIP rose by 3.2 per cent as compared to a 5.5 per cent rise in the year-ago period. Manufacturing output witnessed a growth of 3.1 per cent as against a 5.7 per cent rise. Mining rose by 3 per cent and electricity sector recorded a growth of 5.2 per cent during April-November 2017.

IIP growth (Y-o-Y % change)
  Nov 17 Apr-Nov 17
IIP 8.4 3.2
 Mining 1.1 3.0
 Manufacturing 10.2 3.1
 Electricity 3.9 5.2

References
1. http://www.mospi.gov.in/sites/default/files/press_release/iip_PR_12jan18.pdf
CMIE STATISTICS
Unemployment Rate
Per cent
4.8 +0.0
Consumer Sentiments Index
Base September-December 2015
97.2 -0.2
Consumer Expectations Index
Base September-December 2015
96.5 0.0
Current Economic Conditions Index
Base September-December 2015
98.2 -0.5
Quarterly CapeEx Aggregates
(Rs.trillion) Mar 17 Jun 17 Sep 17 Dec 17
New projects 4.00 2.11 1.18 0.84
Completed projects 1.95 0.86 1.03 0.90
Stalled projects 0.74 2.67 0.67 0.80
Revived projects 0.86 0.30 0.29 0.20
Implementation stalled projects 0.33 0.69 0.73 0.58
Updated on: 22 Jan 2018 9:20AM
Quarterly Financials of Listed Companies
(% change) Mar 17 Jun 17 Sep 17 Dec 17
All listed Companies
 Income 10.2 9.7 7.9 10.8
 Expenses 11.9 10.0 9.2 10.5
 Net profit 16.1 -19.8 -20.0 15.0
 PAT margin (%) 6.0 5.3 5.4 14.9
 Count of Cos. 4,460 4,387 4,310 153
Non-financial Companies
 Income 11.8 10.3 7.7 9.9
 Expenses 15.6 10.6 7.8 9.8
 Net profit -2.3 -25.2 -7.9 13.9
 PAT margin (%) 6.2 5.2 6.1 14.6
 Net fixed assets 6.9 9.0
 Current assets 2.7 78.0
 Current liabilities 8.8 10.6
 Borrowings 4.9 10.1
 Reserves & surplus 6.3 4.8
 Count of Cos. 3,448 3,406 3,346 111
Numbers are net of P&E
Updated on: 22 Jan 2018 9:20AM
Annual Financials of All Companies
(% change) FY14 FY15 FY16 FY17
All Companies
 Income 10.0 5.3 1.4 6.6
 Expenses 9.9 5.4 1.5 7.1
 Net profit -2.5 1.6 -12.6 18.7
 PAT margin (%) 3.1 3.2 2.9 5.7
 Assets 12.3 9.4 9.8 8.3
 Net worth 9.6 8.7 10.8 7.2
 RONW (%) 6.1 6.1 5.1 8.3
 Count of Cos. 24,439 24,353 22,049 8,816
Non-financial Companies
 Income 9.7 4.5 0.5 6.4
 Expenses 9.4 4.6 -0.3 7.6
 Net profit -3.1 -5.5 12.5 11.8
 PAT margin (%) 2.2 2.1 2.6 5.3
 Net fixed assets 11.7 13.3 15.6 7.3
 Net worth 8.2 7.1 11.2 5.3
 RONW (%) 5.0 4.9 5.4 9.0
 Debt / Equity (times) 1.1 1.1 1.1 0.8
 Interest cover (times) 2.0 1.9 2.0 2.9
 Net working capital cycle (days) 69 67 65 52
 Count of Cos. 19,688 19,805 18,467 6,761
Numbers are net of P&E
Updated on: 21 Jan 2018 12:27PM

Data added for HPI at Assessment prices and HPI at Market prices