Consumer firms scarred in June quarter as shoppers swerve most in pandemic

By Ankit Agarwal

  • 23 Sep 2020
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Credit: 123RF.com

Nine in 10 Indian listed consumer-focussed companies recorded a decline in sales during the April-June quarter that saw the full effect of the nationwide lockdown imposed in late March to curb the coronavirus pandemic. In fact, consumer-focused manufacturing and service companies’ cumulative net sales declined by almost half during the three ......

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