![The Pain Before Covid-19](https://magarticles.magzter.com/articles/3703/565505/5fc868c0787f8/Covid-19.jpeg)
THE SHADOW OF COVID-19 continues to hang over India Inc. as companies across sectors navigate the impact of the pandemic. However, that’s not visible in this year’s Fortune India 500 list, which is based on FY20 numbers. But even without the pandemic there are enough pain points, evidence that FY20 was hardly a happy year for Corporate India.
Sample this: The total profit of the 2020 Fortune India 500 companies declined nearly 22% from the year-ago period to around ₹3.6 lakh crore. The only time the list had a lower profit figure than this, at ₹3.3 lakh crore, was in the year the list began—2010, which was the first full fiscal year (FY10) since the 2008-2009 global financial crisis. And there is a simple reason behind such a staggering fall in profits this year: some of India’s largest companies reported losses. For example, telecom majors Vodafone Idea (No. 40 on the list) and Bharti Airtel (No. 20) reported losses of ₹73,878 crore and ₹32,183 crore, respectively, as they had to make provisions for adjusted gross revenue (AGR) dues.
هذه القصة مأخوذة من طبعة December 2020 من Fortune India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 2020 من Fortune India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
![Former Philadelphia City Councilwoman Donna Reed Miller has made Transition](https://reseuro.magzter.com/100x125/articles/27264/1751455/891BHfXKb1719901445204/FORMER-PHILADELPHIA-CITY-COUNCILWOMAN-DONNA-REED-MILLER-HAS-MADE-TRANSITION.jpg)
Former Philadelphia City Councilwoman Donna Reed Miller has made Transition
Councilwoman Donna Reed Miller was just out at the Germantown Juneteenth Festival a couple of weeks ago, enjoying the day with her grandchildren and daughter, and now, she has made her transition.
![Supplemental Security Income for children with disabilities](https://reseuro.magzter.com/100x125/articles/27264/1751455/PYjYVDzPI1719904829715/SUPPLEMENTAL-SECURITY-INCOME-FOR-CHILDREN-WITH-DISABILITIES.jpg)
Supplemental Security Income for children with disabilities
Did you know that Social Security's Supplemental Security Income (SSI) program provides cash payments to children with disabilities whose families have limited income and resources?
![That Girl Lay Lay hits Philly with concert](https://reseuro.magzter.com/100x125/articles/27264/1751455/fhyQxOpza1719904317582/THAT-GIRL-LAY-LAY-HITS-PHILLY-WITH-CONCERT.jpg)
That Girl Lay Lay hits Philly with concert
Have you heard of Alaya \"That Girl Lay Lay\" High? If you are in your early teens, you do? This young rap artist took the industry by storm.
![The State of Chester City](https://reseuro.magzter.com/100x125/articles/27264/1751455/ylgj66NNt1719904563293/THE-STATE-OF-CHESTER-CITY.jpg)
The State of Chester City
Six months into his term in office, Chester Mayor Stefan Roots gave his first \"State of the City \"address on Tuesday morning on Widener's campus in Latham Hall.
![Keeping Camden Clean](https://reseuro.magzter.com/100x125/articles/27264/1751455/Ql25oIKIs1719904724892/KEEPING-CAMDEN-CLEAN.jpg)
Keeping Camden Clean
Mayor Carstarphen and volunteers continue their clean-up events in the Camden Community to achieve their goal of a cleaner and safer community for the county's residents.
![ORGANIC MODERN](https://reseuro.magzter.com/100x125/articles/21967/1743628/QrQVh7G-B1719917631177/ORGANIC-MODERN.jpg)
ORGANIC MODERN
KASIE DINELLA OF MEND INTERIORS INJECTS A NEW HAMPSHIRE HOME WITH WOOD TONES, ALONG WITH BLUES AND GREENS, TO GIVE IT A FRESH, CLEAN FEEL.
![SUMMER HOUSE](https://reseuro.magzter.com/100x125/articles/21967/1743628/4iqWh0Lup1719916983042/SUMMER-HOUSE.jpg)
SUMMER HOUSE
KENNERKNECHT DESIGN GROUP CREATES A TIMELESS NEW ENGLAND AESTHETIC ON THIS SMALL ISLAND 30 MILES OUT TO SEA.
![Dreamscape](https://reseuro.magzter.com/100x125/articles/21967/1743628/YZHq39YXK1719920518690/DREAMSCAPE.jpg)
Dreamscape
Dan Gordon Landscape Architects designs an idyllic outdoor setting for a young family.
![School in West Africa enjoys the benefits of growing partnership with Franklin Towne Charter Elementary School](https://reseuro.magzter.com/100x125/articles/27264/1751455/jDnlBhY-K1719903905336/SCHOOL-IN-WEST-AFRICA-ENJOYS-THE-BENEFITS-OF-GROWING-PARTNERSHIP-WITH-FRANKLIN-TOWNE-CHARTER-ELEMENTARY-SCHOOL.jpg)
School in West Africa enjoys the benefits of growing partnership with Franklin Towne Charter Elementary School
PHILADELPHIA, June 2024 - For the young students of the Benia International School in Duazon, Liberia, the shipment was an answered prayer.
![Pennsylvania court will decide whether skill game terminals are gambling machines](https://reseuro.magzter.com/100x125/articles/27264/1751455/u_9vqqCDr1719903579361/PENNSYLVANIA-COURT-WILL-DECIDE-WHETHER-SKILL-GAME-TERMINALS-ARE-GAMBLING-MACHINES.jpg)
Pennsylvania court will decide whether skill game terminals are gambling machines
HARRISBURG, PA. (AP)-Pennsylvania's highest court will decide whether the cash-paying electronic game terminals that have become commonplace in convenience stores, bars, and elsewhere are unlicensed gambling machines and, as a result, must be shut down.
![Through the window of Bill's Barbershop (Pt 2)](https://reseuro.magzter.com/100x125/articles/27264/1751455/EqCBdgVbe1719903105836/THROUGH-THE-WINDOW-OF-BILLS-BARBERSHOP-PT-2.jpg)
Through the window of Bill's Barbershop (Pt 2)
Let us journey back to the winter of 1958 when my grandfather William Bryant came home to his loving wife after another hard day's work as a gas line repairman for the Philadelphia Gas Company.
![WEST COAST MEETS NORTH SHORE](https://reseuro.magzter.com/100x125/articles/21967/1743628/GW9qvrn0G1719916577336/WEST-COAST-MEETS-NORTH-SHORE.jpg)
WEST COAST MEETS NORTH SHORE
A FARMHOUSE IN BEVERLY GETS A COASTAL MAKEOVER THAT MARRIES NEW ENGLAND CHARM WITH CALIFORNIA COOL.
![Storybook Ending](https://reseuro.magzter.com/100x125/articles/21967/1743628/dEt9Co48C1719919941218/STORYBOOK-ENDING.jpg)
Storybook Ending
A collaboration between Found Design Studio and Carpenter & MacNeille transforms this 19th-century cottage into a gracious family home.
![RESORT LIFE](https://reseuro.magzter.com/100x125/articles/21967/1743628/bwXm-CRhc1719919649429/RESORT-LIFE.jpg)
RESORT LIFE
AN ANDOVER BACKYARD IS TRANSFORMED INTO A STAYCATION HAVEN
![Temple Landed On Me. I Didn't Land On Temple](https://reseuro.magzter.com/100x125/articles/27264/1751455/1BUMnhnLY1719899967560/TEMPLE-LANDED-ON-ME-I-DIDNT-LAND-ON-TEMPLE.jpg)
Temple Landed On Me. I Didn't Land On Temple
An Update On Barber's Hall
![Mayor Cherelle L. Parker launches extended day, extended year school initiative](https://reseuro.magzter.com/100x125/articles/27264/1751455/vDRsY9H2V1719903703201/MAYOR-CHERELLE-L-PARKER-LAUNCHES-EXTENDED-DAY-EXTENDED-YEAR-SCHOOL-INITIATIVE.jpg)
Mayor Cherelle L. Parker launches extended day, extended year school initiative
Mayor Cherelle L. Parker unveiled details for a high-priority Parker Administration initiative Extended Day, Extended Year School. Today's announcement is an important component of Mayor Parker's goal to provide economic opportunity for all Philadelphians.
![Pope Francis believes the world needs to laugh more. He's right](https://reseuro.magzter.com/100x125/articles/27264/1751455/PLQ3mXQpB1719904003759/POPE-FRANCIS-BELIEVES-THE-WORLD-NEEDS-TO-LAUGH-MORE-HES-RIGHT.jpg)
Pope Francis believes the world needs to laugh more. He's right
As an experienced class clown who long has felt the power of comedy to be vastly underappreciated, I was more than tickled to hear that Pope Francis had invited more than 100 comedians to an audience at the Vatican.
![CIVICS 101](https://reseuro.magzter.com/100x125/articles/27264/1751455/dRrs9FY0n1719904131399/CIVICS-101.jpg)
CIVICS 101
The first official \"Law of the Land\" for American citizens was and is the United States Constitution.
![Project 2025 is the new Southern Manifesto](https://reseuro.magzter.com/100x125/articles/27264/1751455/Ir0vGIAzd1719904226462/PROJECT-2025-IS-THE-NEW-SOUTHERN-MANIFESTO.jpg)
Project 2025 is the new Southern Manifesto
\"Project 25 is a radical, extreme, pro-authoritarianism plan pushed by conservatives who are desperate to take our country backward.
![THE ART OF CREATING HOUSES](https://reseuro.magzter.com/100x125/articles/21967/1743628/dzaV4kH9U1719918110787/THE-ART-OF-CREATING-HOUSES.jpg)
THE ART OF CREATING HOUSES
AUTHOR JOHN R. DASILVA, FAIA OFFERS A DEEP DIVE INTO THE PSD'S SHINGLE-STYLE HOUSES.
![SLUMBER STYLE](https://reseuro.magzter.com/100x125/articles/21967/1743628/KI54Ayy1I1719917295614/SLUMBER-STYLE.jpg)
SLUMBER STYLE
INTERIOR DESIGNER BARI LIEBERMAN INTRODUCES COLOR, TEXTURE, AND PATTERN IN THIS BOLD BEDROOM
![ALFRESCO LIVING](https://reseuro.magzter.com/100x125/articles/21967/1743628/V4w45mpbt1719919315514/ALFRESCO-LIVING.jpg)
ALFRESCO LIVING
WILMINGTON-BASED REFINED RENOVATIONS AND ANDOVER-BASED ANDOVER LANDSCAPE DESIGN AND CONSTRUCTION BLUR THE LINES IN THIS ANDOVER RENOVATION.
![REIMAGINING the Past](https://reseuro.magzter.com/100x125/articles/21967/1743628/c6Ivw0li91719920187758/REIMAGINING-THE-PAST.jpg)
REIMAGINING the Past
Patrick Ahearn brings 19th-century character back to an 1850s farmhouse.
![CONCRETE COASTAL](https://reseuro.magzter.com/100x125/articles/21967/1743628/XYGsk5Scf1719919779931/CONCRETE-COASTAL.jpg)
CONCRETE COASTAL
SASHYA THIND WARMS CONCRETE WITH WOOD, CREATING CONTEMPORARY INTERIORS THAT FEEL PERFECTLY AT HOME ON THE WATER.
![THE LAST RAVE](https://reseuro.magzter.com/100x125/articles/8859/1751212/nxcRM0EjJ1719831949168/THE-LAST-RAVE.jpg)
THE LAST RAVE
Remembering a summer of estrangement.
![HOW THE WEST WAS LONG](https://reseuro.magzter.com/100x125/articles/8859/1751212/Vh1HXqPe-1719836720878/HOW-THE-WEST-WAS-LONG.jpg)
HOW THE WEST WAS LONG
“Horizon: An American Saga—Chapter 1.”
![TWICE-TOLD TALES](https://reseuro.magzter.com/100x125/articles/8859/1751212/FSnHEVQ2G1719836202950/TWICETOLD-TALES.jpg)
TWICE-TOLD TALES
The seditious writers who unravel their own stories.
![CASTING A LINE](https://reseuro.magzter.com/100x125/articles/8859/1751212/zYjGjav-D1719835755852/CASTING-A-LINE.jpg)
CASTING A LINE
The hard-bitten genius of Norman Maclean.
![THE HADAL ZONE](https://reseuro.magzter.com/100x125/articles/8859/1751212/KiyGvpfRQ1719834860480/THE-HADAL-ZONE.jpg)
THE HADAL ZONE
Arwen Rasmont waits hours at Keflavík International for his flight; they call it as he leaves the men’s room. He walks past the mirrored wall and is assaulted, as usual, by his dead father’s handsome image: high-arched nose, yellow hair.
![OPENING THEORY](https://reseuro.magzter.com/100x125/articles/8859/1751212/9TQXbGoRi1719833635129/OPENING-THEORY.jpg)
OPENING THEORY
Ivan is standing on his own in the corner while the men from the chess club move the chairs and tables around.