{"id":359034,"date":"2020-06-24T11:52:27","date_gmt":"2020-06-24T06:22:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359034"},"modified":"2020-06-24T11:52:27","modified_gmt":"2020-06-24T06:22:27","slug":"road-epc-companies-revenue-to-contract-8-10-in-fy21-due-to-covid-19-crisil-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/road-epc-companies-revenue-to-contract-8-10-in-fy21-due-to-covid-19-crisil-ratings\/","title":{"rendered":"Road EPC companies\u2019 revenue to contract 8-10% in FY21 due to Covid-19: Crisil Ratings"},"content":{"rendered":"<p>Labour shortage, slowdown in execution of road projects due to lockdown may cause revenue growth of engineering, procurement and construction (EPC) firms to fall into the low, double-digit negative territory, rating agency Crisil said on Tuesday.<\/p>\n<p>\u201cRevenue of road-building EPC companies is expected to de-grow 8-10% this fiscal with the Covid-19 pandemic-driven lockdowns severely curtailing activity. That compares with a 17% growth between fiscals 2017 and 2020,\u201d Crisil said, adding that revenue growth of these companies was expected to taper to some extent in the current fiscal due to the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labour shortage, slowdown in execution of road projects due to lockdown may cause revenue growth of engineering, procurement and construction (EPC) firms to fall into the low, double-digit negative territory, rating agency Crisil said on Tuesday. \u201cRevenue of road-building EPC companies is expected to de-grow 8-10% this fiscal with the Covid-19 pandemic-driven lockdowns severely curtailing activity. That compares with a 17% growth between fiscals 2017 and 2020,\u201d Crisil said, adding that revenue growth of these companies was expected to taper to some extent in the current fiscal due to the pandemic.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,197,138],"tags":[],"class_list":["post-359034","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=359034"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359034\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}