Will Covid proceed to hang-out quarterly efficiency of India Inc in FY22?

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India Inc’s efficiency within the subsequent quarters to December and March will rely upon how briskly the nation would have vaccinated and overcome the pandemic.

Synopsis

The primary two quarters of 2021-22 are more likely to depict a transparent distinction year-on-year since these quarters final 12 months have been characterised by the strict nationwide lockdown imposed until Could-end final 12 months.

ET Intelligence Group: India Inc’s efficiency within the monetary 12 months starting subsequent month is unlikely to be comparable with the previous fiscal owing to the impression of the Covid-19 pandemic, which broke out a 12 months in the past and has but to be totally overcome.

For many corporations, the continued quarter is actually about recovering amid the pandemic in comparison with the state of affairs of the nationwide lockdown imposed by the federal government within the final week of March

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