Q1FY21 Financial Highlights
Shankara
Building Products Ltd.
Impact of COVID on financials
The Company's operations and financial results for the quarter have been very adversely impacted by the
lockdown imposed to contain the spread of COVID-19 and the uncertainty in the business environment. The
operations gradually resumed in May with requisite precautions. The results for the quarter are therefore not
comparable with those of the previous quarter. The Company has assessed the impact of the pandemic on its
financial results based on information available up to the date of approval of the same. The Company continues
to monitor the evolving economic situation due to the pandemic and is taking measures to improve its.
efficiencies.
SHANKARA
Buildpro
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