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Cost Reductions The Key Highlight For India Inc. In Q1, Says Citi
Here’s Citi India’s take on the earnings for the quarter gone by, and what’s coming ahead.
02 Sep 2020, 09:35 AM IST
In a quarter which was initially expected to be a complete washout in terms of earnings, corporate India seemed to have either met estimates if not performed better than expectations, according to Citi India.“Corporates have been able to real bring costs down drastically,” Surendra Goyal, managing director and head of India research told BloombergQuint in an interview. “That to me was the biggest highlight of the quarter.”While some ...
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