Exports growth slows down in June

Imports up by 19%

by Janhavi Behere

Exports rose by 4.4 per cent to USD 23.6 billion in June 2017, as per merchandise trade data released by the ministry of commerce. The growth in June is lower than the 7.2 per cent growth recorded in May 2017. POL exports rose by just 3.6 per cent during the month, significantly lower than the double-digit growth achieved since December 2016.

India’s imports rose up by 19 per cent to USD 36.5 billion in June 2017 on the back of a 21.2 per cent rise in non-POL imports. A rise in imports of gold (103 per cent) and electronic goods (24.2 per cent) aided growth. POL imports rose by 12.1 per cent during the month. Trade deficit for the month widened to USD 13 billion from USD 8.1 billion in June 2016.

During Q1 of FY18, exports rose by 10.6 per cent, while imports registered a 32.8 per cent growth.

References
1. http://commerce.gov.in/writereaddata/UploadedFile/MOC_636356517512329345_PRESS_RELEASE_Jun_2017.pdf
CMIE STATISTICS
Unemployment Rate
Per cent
4.4 -0.1
Consumer Sentiments Index
Base September-December 2015
94.5 +0.2
Consumer Expectations Index
Base September-December 2015
94.5 0.0
Current Economic Conditions Index
Base September-December 2015
94.6 +0.5
Quarterly CapeEx Aggregates
(Rs.trillion) Sep 16 Dec 16 Mar 17 Jun 17
New projects 2.38 1.50 2.97 1.68
Completed projects 2.23 0.95 1.86 1.12
Stalled projects 0.65 1.01 0.35 2.50
Revived projects 0.91 0.18 0.62 0.29
Implementation stalled projects 0.38 0.82 0.33 0.67
Updated on: 19 Sep 2017 8:20PM
Quarterly Financials of Listed Companies
(% change) Sep 16 Dec 16 Mar 17 Jun 17
All listed Companies
 Income 2.1 6.2 10.3 10.2
 Expenses 1.9 6.4 11.9 10.5
 Net profit 14.6 40.3 17.0 -18.4
 PAT margin (%) 6.9 6.1 6.1 5.4
 Count of Cos. 4,500 4,502 4,419 4,191
Non-financial Companies
 Income 0.6 6.0 11.8 10.8
 Expenses -0.2 7.3 15.6 11.0
 Net profit 26.6 24.6 -1.9 -23.7
 PAT margin (%) 6.9 6.2 6.3 5.3
 Net fixed assets -9.2 7.6
 Current assets 8.1 2.2
 Current liabilities 11.6 8.6
 Borrowings 3.1 5.0
 Reserves & surplus 8.4 6.5
 Count of Cos. 3,481 3,487 3,431 3,276
Numbers are net of P&E
Updated on: 19 Sep 2017 8:30PM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.6 10.0 5.0 1.0
 Expenses 12.8 9.8 5.1 1.2
 Net profit 1.0 -2.3 1.3 -15.3
 PAT margin (%) 3.5 3.2 3.2 3.0
 Assets 14.3 12.3 9.4 8.8
 Net worth 9.6 9.6 8.8 7.6
 RONW (%) 6.8 6.2 6.1 5.3
 Count of Cos. 25,765 23,387 22,783 18,995
Non-financial Companies
 Income 11.9 9.7 4.1 0.0
 Expenses 12.3 9.3 4.3 -0.6
 Net profit -8.4 -2.6 -6.0 6.1
 PAT margin (%) 2.4 2.2 2.1 2.7
 Net fixed assets 12.9 11.6 13.1 13.9
 Net worth 7.9 8.2 7.3 6.9
 RONW (%) 5.5 5.1 4.9 5.6
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 2.0 1.9 2.0
 Net working capital cycle (days) 72 69 67 67
 Count of Cos. 20,150 18,670 18,284 15,583
Numbers are net of P&E
Updated on: 04 Sep 2017 1:48PM

Time-series available since 2007-08

Growth dropped to 5-quarter low during Q1 2017-18