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A dozen companies declare financial impact of covid-19 after a rap from Sebi

India city Mumbai covid-19 information crisis
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MUMBAI: After a rap by Securities and Exchange Board of India (Sebi), a dozen odd companies have disclosed the financial hit from the covid-19 crisis.

Most entities in the listed universe so far had been disclosing suspension of operations because of the lockdown but did not report on the financial impact of the actions, citing uncertainty about how the pandemic and the related slowdown will pan out.

Companies such as D-Mart, Trent, Cochin Shipyard, Titan, Leela Hotels have now disclosed the challenges that could emerge going ahead given the pandemic and related issues are far from over.

Leela Hotels has acknowledged that it saw zero revenues during April-June, a trend which could likely extend to the second and third quarter of FY21.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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