Synopsis
The first two quarters of 2021-22 are likely to depict a clear contrast year-on-year since those quarters last year were characterised by the strict nationwide lockdown imposed till May-end last year.
ET Intelligence Group: India Inc’s performance in the financial year beginning next month is unlikely to be comparable with the preceding fiscal owing to the impact of the Covid-19 pandemic, which broke out a year ago and has yet to be entirely overcome.
For most companies, the ongoing quarter is essentially about recovering amid the pandemic compared to the scenario of the nationwide lockdown imposed by the government in the last week of March
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