The net profit of private corporate sector in the first-half of 2012-13 (April-September) was Rs. 91,800 crore, up 4.3 per cent from the year-ago period, Reserve Bank data showed on Wednesday.

Sales growth

“Sales growth (year-on-year) further moderated in first-half of 2012-13. The moderation was deeper in the second quarter than in the first,” RBI said in the report on performance of private corporate business sector during the first half of 2012-13.

The data is based on abridged financial results of 2,832 listed non-government and non-financial companies, the RBI said.

Sales of these companies grew by 12.3 per cent during the first half of the current fiscal to Rs. 14.34 lakh crore, while the operating profit (EBITDA) rose by 4.9 per cent to Rs 1.88 lakh crore.

IT sector

The information technology sector performed better compared to the manufacturing and non-IT services sector, maintaining its net profit margin at above 17 per cent in first-half, RBI said.

The net profit margins for manufacturing and non-IT services sectors were at 5.7 per cent and 4.9 per cent respectively.

The net profit of manufacturing companies rose 2.4 per cent to Rs. 61,200 crore in the first-half, while services and non-IT companies had net profit of Rs. 12,300 crore, down 3.9 per cent from a year earlier.

The net profit of companies engaged in computer and related activities increased by 18.6 per cent to Rs. 18,200 crore.

Among financial companies, RBI data showed that their net profit in the first-half increased by 27.3 per cent from a year ago to Rs. 8,500 crore.