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India Inc staring at more than 10% revenue loss during June quarter : survey

India outbreak pandemic economy Coronavirus
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The coronavirus outbreak and the subsequent country-wide lockdown have deeply impacted the domestic economy with a majority of the firms expecting a significant decline in their top-line and bottom-line in the current and previous quarter, says the survey India Inc might be staring at more than 10% loss in revenues and 5% drop in the net profits, during the April to June quarter of the current fiscal and the last quarter of the FY20, due to the adverse impact of Covid -19 pandemic on the overall economic activity in the country, according to a survey conducted by Confederation of Indian Industry among chief executives of 200 companies.

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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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