KRChoksey: Q1 FY21 Post Earnings Review - Cost Optimisation Remained The Mantra

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..KRChoksey Report.The overall top-line and bottom-line of companies across the sectors witnessed a depressed trend on account of the lockdown induced by the Covid-19 pandemic, barring some exceptions including pharmaceutical and consumer sectors.Low capacity utilisation levels in the beginning of the quarter, improved in May and June, providing some relief for the company financials at the quarter-end.However, phase-wise lifting of the lockdown is expected to facilitate gradual recovery across sectors in H2 FY21.Companies managed to contain discretionary costs such as advertising and travel expenses to reduce the impact on profitability.Subdued raw material cost like energy and commodity prices lent support to profitability to cover impact of revenue decline..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.

KRChoksey: Q1 FY21 Post Earnings Review - Cost Optimisation Remained The Mantra

KRChoksey: Q1 FY21 Post Earnings Review - Cost Optimisation Remained The Mantra

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