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Early trends show covid 2.0 disrupted biz in Jun quarter

India city Mumbai pandemic Waves
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MUMBAI : The second wave of the viral pandemic that unleashed human misery in April and May was widely believed to have disrupted corporate performance as well.

Finally, the damage is beginning to show in the numbers. A Mint analysis of 166 companies, which have declared June quarter earnings, showed that after adjusting for one-time profit or loss, their sales and profit were lower than in the March quarter; however, the figures were far higher than the depressed base of a year ago when a stringent lockdown had crimped sales.

The analysis excludes banking, financial services and insurance (BFSI), and oil and gas companies. Net sales of these companies fell 1.6% sequentially in the June quarter compared to an increase of 6.51% in the

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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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