The document summarizes the impact of the COVID-19 pandemic on various sectors in India. It discusses sharp declines in the Nifty index and sectors like airlines, tourism, hotels, and automobiles being the worst hit. Specific companies like Maruti Suzuki, Eicher Motors, Mahindra, Wipro, Infosys, TCS, ITC, HUL, and Britannia saw declines in sales and profits, with the exception of Infosys and Britannia which saw growth. The information technology sector was impacted but also saw an acceleration of remote working.

1. By- Atharva Mahale
IMPACT OF COVID ON DIFFERENT SECTORS

2. INTRODUCTION
 During this pandemic period there is a
lot of among investors, which is leading
to fear induced selling.

3. NIFTY
 Nifty companies
experienced a very
sharp decline in thier
prices, as there was
fear induced selling.
 Before the pandemic
hit, nifty was at 12000
levels, in only few
weeks it was dragged
down to 7500, it’s
lowest in a while.

4. Sectors affected by COVID
 Worst Affected –
1. Airline
2. Tourism
3. Hotels
4. Automobile
5. Textile
 Moderately Affected
1. Pharma
2. Banking
3. IT
4. FMCG

5. AUTOMOBILE
 The onset of Covid-19 in
India will have a
negative impact on the
automotive industry.
 It is estimated that there
will be an overall
revenue impact of at
least $1.5 -2.0 bn per
month across the
industry.
 Even after we open up,
further decline in
passenger vehicles
demand is expected
with discretionary spend
taking a backseat

6. MARUTI SUZUKI
 Sales of Maruti took a
hit of 47% in the initial
stages of the
lockdown, and it is still
going south from
there.
 Sales of mini segment
comprising of Alto and
S-Presso stood at
15,988 units, was
down 5 percent, as
compared to 16,826
units in March

7. EICHER
 Sales of June quarter
has reduced from
2300Cr to 800Cr and
profits decreased from
430Cr to 10Cr.
 The profitability of the
company for Q1FY21
has been impacted due
to countrywide
lockdown.
 In the months of April
2020, May 2020 and
June 2020, the
company could sell only
86 units, 686 units and
1358 units respectively

8. MAHINDRA
 Sales revenue fell down to
16321Cr from 26041Cr.
estimates production loss
of 87,000 vehicles and
30,000 tractors in first
quarter of current fiscal
due to suspension of
manufacturing operations
amid corona virus-led
lockdown.
 The estimated loss for
March was around 23,400
vehicles and 14,700
tractors, M&M said in an
exchange filing.

9. Information Technology
 The effects of COVID-19 are
having a significant impact on
the technology sector,
affecting raw materials supply,
disrupting the electronics
value chain, and causing an
inflationary risk on products.
More positively, the disruption
has caused an acceleration of
remote working, and a rapid
focus on evaluating and de-
risking the end-to-end value
chain. In addition, potential
carbon emission reductions
could result in renewed focus
on sustainability practices.

10. WIPRO
 The conditions caused by
the Covid-19 pandemic
has affected the rate of
customer spending,
including through
cancellations or ramp
downs of existing projects,
increased requests for
furloughs and requests by
customers for price
discounts, all of which
could adversely affect our
future revenues, operating
results and overall
financial performance.

11. INFOSYS
 Sales revenue for Infosys
actually grew in the June
quarter from 21,803Cr to
23,665Cr, and no increase in
profits was observed, June
2019 profit’s were 4,912Cr,
and is 4,858Cr in 2020.
 Infosys Chairman also stated
that-“The business impact is
less than what we envisaged
in April since many of the
economies opened up with
strong government fiscal
monetary support. We have
not seen large scale
cancellations”.

12. TCS
 Sales revenue increased
from 38172Cr to 38322Cr,
but the profit margin fell
from 8133Cr to 7049Cr.
 There was not a huge blow
from Covid-19, the board
of TCS also said that-“It
affected all verticals, with
the exception of Life
Sciences and Healthcare,
with varying levels of
impact. We believe it has
bottomed out, and we
should now start tracing
our path to growth”.

13. FMCG
 The FMCG index saw a
serious slump all thanks
to COVID-19,
production lines were
shut down for almost 2
months, and there was
a huge demand for all
the FMCG companies,
which many of the
companies took up as
an opportunity, to help
the nation beat the
pandemic as well as
make some huge sales.

14. ITC
 Sales revenue fell down to
9774Cr from 12657Cr. Net
profit has also seen a
slump from 3436Cr to
2567Cr. ITC’s main line of
revenue is cigarette
business, which has been
damaged badly due to
lockdown. Another major
source of revenue is
hotels, which are non
functioning in lockdowns.
This has resulted in a lot of
damage to the firm’s
books.

15. HUL
 There is no huge
difference observed in
the profits and sales
revenue, but
manufacturing
operations,
warehouses and
extended supply chain
partners have been
disrupted. There is
also a huge change in
demand of goods and
supply of materials.

16. BRITTANIA
 There has been a
huge increase in
profits, it has nearly
doubled from 248Cr
to 542.68Cr, for the
company increased
26.67 per cent YoY
to Rs 3,420.67.