The year 2020 turned out to be a juggernaut given that not only was it the year of BS-IV to BS-VI transition but also one when the corona virus brought the world’s economy to a screeching halt. A N Sivaramakrishnan takes stock of all that has happened since the first rumblings of change began to take place […]
Resultant higher cash accruals and lower inventory will bolster credit metrics With 20-22% revenue growth and 50-100 basis points (bps) improvement in operating margin expected for next fiscal, overall revenue and operating profits of automobile dealers are set to scale back to pre-COVID levels, a study of 191 rated by CRISIL Ratings Ltd. shows. Revenues, […]
CV dealers are well and truly back on track as far as business post-COVID is concerned. The dealers covered in this exclusive feature exude positive yet guarded outlook for FY 2021-22 thanks to gradual opening up of the economy and usual business activities on road to recovery, observes Rajesh Rajgor The sales of trucks and buses […]