Impact of COVID-19 on corporate profitability ratio India FY 2019-2021, by firms

Published by Sandhya Keelery, Aug 30, 2024
From financial years 2019 to 2021, strong firms showed a marked recovery of 5.4 percent in 2021 over a stagnated recovery in the financial years 2019 and 2020. The weak firms, however, remained vulnerable during the period. The private corporate sector showed uneven recovery across weak and strong firms.

Impact of COVID-19 on corporate profitability ratio in India from financial year 2019 to 2021, by firms

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Release date

April 2022

Region

India

Survey time period

FY 2019 to FY 2021

Special properties

figures indicate median values for all the years

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

Profitability ratio is captured by profit after tax as percentage of average total income.

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