India Inc’s Q2 revenues may fall to 14-quarter low: Crisil
The estimate is based on an analysis of 430 companies, which account for around 65 per cent of the market capitalisation.
By ET Bureau |
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A sharp drop in demand across consumption segments pulled down corporate revenue.
A sharp drop in demand across consumption segments pulled down corporate revenue – excluding that of banking, financial services, insurance, and oil companies — by nearly 3 per cent on-year in the second quarter of fiscal 2020, a Crisil Research estimate shows. The estimate is based on an analysis of 430 companies, which account for around 65 per cent of the market capitalisation.
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