Covid19 Impact: Lower execution likely to hit construction companies’ Q1 performance

MUMBAI: The performance of the 12 key Indian construction companies is likely to be impacted in the current financial year with a major hit in the June quarter due to the Covid-19 pandemic-related lockdowns, labour migration, supply chain disruptions and increased expenses, said rating agency ICRA.With lower execution, operating income and profits of construction companies are likely to see a significant decline during the quarter. However, due





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