Business »  Topic »  Corporate contraction

Corporate contraction


Message: Recipients' Email: Type address separated by commas
Your Email: Enter the characters shown in the image.
Send me a copy:

https://mybs.in/2YPQpMf

The corporate results for the April-June 2020 quarter, announced so far, indicate the catastrophic impact of the lockdown and the pandemic. Consumption and core sector activities are down, though select sectors are displaying some resilience.

A look at 317 listed companies with revenues of above Rs 10 crore shows a 22 per cent fall in net sales and 19 per cent fall in income year-on-year. While profit after tax (PAT) is down 22 per cent ...


Read the full text business-standard