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HomeNewsOpinionWhich sector will drive Q1 GDP growth? RBI data on corporate results provide clues

Which sector will drive Q1 GDP growth? RBI data on corporate results provide clues

The RBI data show a clear demarcation between the manufacturing and services sectors. While aggregate operating profits fell 0.9 percent year-on-year for manufacturing firms, they increased by 37.3 percent for services firms

A closer look at the corporate results by segregating companies according to size of sales shows a more nuanced picture

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