RBI data showed that IT companies' sales grew 6.8% YoY in Q3FY25, up from 3.2% last year, while Non-IT services saw 11.5% growth, following 12.9% in Q3FY24. Manufacturing firms' raw material costs rose 6.3%, aligning with sales growth, while staff costs increased 9.5%. IT and Non-IT services staff costs rose 5.0% and 12.4%, respectively.
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03:24 pm on
25 Feb