Do you know lots of companies revenue is now NIL due to Lockdown?
A company like PVR, which garners revenue in the range of Rs 300 crore per month, is staring at a situation where revenue is nil because all theatres are shut. So the question is how to sustain the fixed cost.
"The overall jump in export demand for fruits and vegetables has increased by 15%. But we have seen the demand for raw turmeric jump by 300%," said Kaushal Khakhar, chief executive officer at Kay Bee Exports.
The covid-19 lockdown further threatens the housing sector that has already seen a rise in unsold inventory of houses across leading cities in the country, Anarock Property Consultants expects an annual decline of 25-35% in home sales (top seven cities) in 2020