Dolat Capital: Infrastructure Sector Q1 Earnings Review - Lockdown on Growth

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Capital Goods, Engineering, Consumer Durables, Utilities - Corporates across our universe saw revenue and profit declines in this quarter, which was along expected lines.The decline was pervasive across sectors barring a select few like Information Technology, pharma and FMCG where growth was helped by the pandemic.It was a quarter of reduced operations where companies uniquely saw demand slowdown on one side and supply side disruption on the other occur simultaneously.While most companies saw a revival in June and partly in July, part of it is attributable to pent up demand.HDFC Bank Ltd. in its call commented on this recovery, ‘A part of this demand is indeed pent-up demand from the lockdown phase that could lose steam’.What has queered the pitch is the resumption of regional lockdowns in July and August which has again disrupted operations.Managements of most companies found it difficult to pin any number or guidance for FY21 as things continued to remain in flux..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Dolat Capital: Infrastructure Sector Q1 Earnings Review - Lockdown on Growth

Dolat Capital: Infrastructure Sector Q1 Earnings Review - Lockdown on Growth

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