November 23, 2020

Covid-19 impact: Small, medium size realtors’ FY21 revenue growth may halve, report

The 5% contraction in the Indian economy as expected by CRISIL this fiscal – wrought by the Covid-19 pandemic – will significantly hurt MSMEs across sectors. Small real-estate contractors into EPC projects, and ceramics and textiles makers have been significantly impacted so their credit profiles are the most vulnerable.

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