Corporate revenues drop over 25% during Covid-19 lockdown: Survey

Survey also shows that business will return to normal only by 2021, while 22 per cent business leaders expect it to take more than a year, from when the lockdown ends

Senior business managers say corporate revenues have already declined by over 25 per cent during a nationwide lockdown to contain the coronaviru and businesses will take more than a year to return to normalcy, according to a survey.

The survey titled 'Covid-19 and Your Wealth', conducted by online investment provider Scripbox, reveals the impact of the lockdown on company revenues and job losses.

Nearly 67 per cent of top bosses, business owners and founders surveyed said that company revenues have already declined by more than 25 per cent during the lockdown.

Further, all respondents believe that business will return to