India hospital outbreak pandemic India

India Inc discloses what afflicts its balance sheet

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A series of disclosures by companies on the financial impact of the covid 19 outbreak underlines the key challenges faced by businesses across the country, manifesting in unique ways to disrupt operations.

The disclosures by about a dozen companies so far comes after the market regulator came down heavily on listed companies for not disclosing financial assessment of the lockdown, which has crippled life and businesses across the world.

Companies including Avenue Supermarts Ltd (DMart), Trent Ltd, Cochin Shipyard Ltd, Titan Co. Ltd and HLV Ltd (The Leela hotels) have shared their assessment of the challenging times ahead.

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