The information technology (IT) sector also recorded further improvement in sales growth over the year-ago period.4 per cent from the same period last year. Their net profit was Rs 71,900 crore, an increase of 41. The central bank said heavy moderation was seen in the sales growth of motor vehicles and other transport equipment, driven in part by a large adverse base effect, and pharmaceutical and medicine industries.On expenditure front, manufacturing companies continued to face rising input cost (cost of raw materials, staff cost) pressures.Demand condition in the manufacturing sector "maintained its pace in the September quarter 2018-19 as reflected in strong sales growth (year-on-year)", as per the RBI analysis of 2,700 listed private sector non-financial companies.The manufacturing sector continued to record strong growth in net profits, which received support from other income.7 per cent year-on-year."Despite continuous contraction in the telecommunication, the services (non-IT) sector posted a turnaround riding on the support from wholesale and retail trade," the RBI said.. As per the RBI, the combined sales of 2,700 companies was Rs 9,81,800 crore in the September quarter, up 18.2 per cent from the year-ago period.Mumbai: Manufacturing sector, particularly textile and iron and steel segments, maintained its pace of sales growth in the second quarter of 2018-19 as compared to China Blue custom Polyester stretch Fabric the year-ago period, the RBI said on Wednesday.8 per cent over the July-September period of 2017-18.

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