Automobiles, electrical machinery push sales of listed private manufacturing companies in Q4: RBI data

RBI data shows listed private non-financial companies recorded 13.9% YoY sales growth in Q4 FY26, up from 10.1% in the previous quarter, with manufacturing companies leading at 14.5% YoY growth driven by automobiles, electrical machinery, and non-ferrous metals. IT firms saw sales growth improve to 9.9% YoY, while non-IT services surged 20.3% on wholesale and retail trade strength. However, raw material costs for manufacturers rose 18.3% YoY, pushing the raw material-to-sales ratio to 58.5% from 57.5%, signalling input cost pressures even as operating margins held steady.