CLSA's Vikash Kumar Jain reports Q1 numbers; Sharp revenue fall expected from domestic companies
Video description:
Vikash Kumar Jain of CLSA says in the Q1 results this time around words (commentary) will matter more than numbers (results). Hindered by the April-May lockdown CLSA expects within the coverage the pre-exceptional PBT to fall 47.6% YoY. He also says that the key focus issues are demand outlook as the festive period nears, trends in loans under a moratorium, and the return of migrant labour. As the lockdown will have an impact on results A sharp 33% YoY revenue decline is expected from domestic focussed companies (ex-financials). ET NOW's Pankaj Poddar brings you this exclusive report. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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