How are you assessing earnings in such uncertain business environment?
Nobody has any clue about 2020-21 earnings. It is a complete washout and entirely open ended right now. So we are not looking at this financial year’s numbers. We are looking at where companies stand vis-à-vis 2019-20 earnings, which are known. Then we are looking at unfolding activity and based on that trying to derive scenarios for 2021-22. Surely whatever we are going through is beyond what anybody has ..
