 "Chart: How companies performed in third quarter FY14")
Net sales of 3,181 companiesincreased 7.1 percent in October-December 2013 as against 7.5 percent in the year ago period, while their net profits grew 2.7 percent, a study by Care Ratings has showed.
However, the analysis of the performance over the nine months of FY14 for 3,037 companies suggests that net profits decreased by 4.8 percent in FY14 as against growth of 7.3 percent during the same period in FY13. This appears to be largely in line with the overall slowdown in industrial production the country has witnessed this year.
[caption id=“attachment_75647” align=“alignleft” width=“380”]  Reuters[/caption]
While the profit margin of oil exploration companies, IT and finance companies remained almost the same in FY13 and FY14, electronics saw quite a fall in FY'14. Telecom companies witnessed some growth this year–it’s revenue was 2.3 percent. Last year, the revenue of telecom companies was in the negative at -0.3 percent.
The performance of 40 banking companies showed that net sales (interest income) increased by 11.9 percent in the period from April to December 2013 as against 18.9 percent in the previous year.
The following chart shows industry wise performance compared to last year:
 "Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?")
 "As Russia pushes east, Ukraine faces mounting pressure to defend its heartland")
 "Why Mossad was not on board with Israel’s strike on Hamas in Qatar")
 "Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe")
 "Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?")
 "As Russia pushes east, Ukraine faces mounting pressure to defend its heartland")
 "Why Mossad was not on board with Israel’s strike on Hamas in Qatar")
 "Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe")
](https://images.firstpost.com/wp-content/uploads/2014/02/MANUFACTURING-REUTERS.jpg){kind=link}