Covid-19, inventory correction before BSVI transition to hit auto revenues in March quarter April 13, 2020 at 01:57AM

The coronavirus outbreak and inventory correction before transition to BS-VI emission norms are expected to pull down aggregate revenue of some of the auto and auto ancillary companies by 26 per cent in March quarter even as the near-term weakness in demand is likely to continue as COVID-19 persists, a report said on Monday.