IIP rises by 7.1% in Dec 2017

Growth driven by manufacturing sector

by Suparna Chattopadhyay

Industrial activity, as measured by the Index of Industrial Production (IIP) rose by 7.1 per cent in December 2017 compared to 2.4 per cent growth recorded in December 2016. In the preceeding month, factory output had expanded by 8.8 per cent.

Manufacturing output increased by a robust 8.4 per cent (y-o-y). Of the 22 industry groups in the manufacturing sector, 16 recorded an increase in production in December 2017.

Mining output rose by a marginal 1.2 per cent. Electricity generation expanded by 4.4 per cent compared to a growth of 6.4 per cent in December 2016.

During April-December 2017, IIP rose by 3.7 per cent. The cumulative growth over the corresponding period for mining, manufacturing and electricity stood at 2.8 per cent, 3.8 per cent and 5.1 per cent respectively.

IIP growth (Y-o-Y % change)
  Dec 17 Apr-Dec 17
IIP 7.1 3.7
 Mining 1.2 2.8
 Manufacturing 8.4 3.8
 Electricity 4.4 5.1

References
1. http://pib.nic.in/PressReleseDetail.aspx?PRID=1520329
CMIE STATISTICS
Unemployment Rate
Per cent
6.2 +0.0
Consumer Sentiments Index
Base September-December 2015
101.5 +0.3
Consumer Expectations Index
Base September-December 2015
100.7 +0.5
Current Economic Conditions Index
Base September-December 2015
99.5 +0.9
Quarterly CapeEx Aggregates
(Rs.trillion) Sep 17 Dec 17 Mar 18 Jun 18
New projects 1.25 1.51 3.43 2.32
Completed projects 1.26 1.16 1.57 0.91
Stalled projects 0.69 0.88 3.44 0.30
Revived projects 0.34 0.24 0.26 0.22
Implementation stalled projects 0.78 0.71 1.92 0.04
Updated on: 18 Aug 2018 12:20PM
Quarterly Financials of Listed Companies
(% change) Sep 17 Dec 17 Mar 18 Jun 18
All listed Companies
 Income 7.9 12.0 9.7 16.3
 Expenses 9.0 13.0 16.2 19.4
 Net profit -18.0 -14.3 -80.1 3.7
 PAT margin (%) 5.5 4.8 1.2 5.5
 Count of Cos. 4,508 4,503 4,360 4,023
Non-financial Companies
 Income 8.2 13.3 11.1 18.5
 Expenses 8.2 12.4 11.7 20.3
 Net profit -6.0 13.2 1.8 33.5
 PAT margin (%) 6.2 6.4 6.6 7.2
 Net fixed assets 9.2 11.8
 Current assets 2.9 7.2
 Current liabilities 11.0 10.4
 Borrowings 3.4 1.9
 Reserves & surplus 7.9 7.2
 Count of Cos. 3,464 3,471 3,372 3,172
Numbers are net of P&E
Updated on: 18 Aug 2018 12:20PM
Annual Financials of All Companies
(% change) FY15 FY16 FY17 FY18
All Companies
 Income 5.6 1.8 6.0 9.9
 Expenses 5.7 1.9 6.0 13.3
 Net profit 0.1 -9.7 25.8 -37.5
 PAT margin (%) 3.0 2.8 3.5 4.2
 Assets 9.5 10.2 7.5 13.2
 Net worth 8.5 11.3 7.7 12.8
 RONW (%) 5.8 4.9 5.8 5.7
 Count of Cos. 26,178 24,474 22,051 749
Non-financial Companies
 Income 4.9 1.0 5.8 8.5
 Expenses 5.1 0.4 6.1 8.0
 Net profit -9.4 19.9 20.7 6.6
 PAT margin (%) 2.0 2.4 3.0 9.3
 Net fixed assets 13.3 17.9 6.7 27.6
 Net worth 7.0 12.0 6.6 9.7
 RONW (%) 4.6 5.1 5.9 13.2
 Debt / Equity (times) 1.1 1.1 1.0 0.4
 Interest cover (times) 1.9 1.9 2.1 6.2
 Net working capital cycle (days) 66 65 62 8
 Count of Cos. 21,351 20,488 18,371 585
Numbers are net of P&E
Updated on: 12 Aug 2018 11:30AM