The covid-19pandemic situation has adverse reflective effect on Indian business and sectors of economy. Nearby, the effect of the pandemic could rapid jam in local interest. This will bring about downfall of buying power because of occupation troubles or pay chops and hamper impact of conceded request will have a more drawn out enduring effect on different areas, particularly where request is optional in nature. India's real Gross Domestic Product tried to its base in more than six years during 2019-20. India's development for one year from now 2020-21 is measure in the inside of 5.2% to 5.8%. The pandemic has revealed several shortcomings in the worldwide framework. In spite of our aggregated involvement with emergency the board, this infection has had the option to seclude us all in our homes. This virus has caused serious pause for the Indian economy. The current pandemic could prompt a 04% lasting adversity to genuine Indian total national output (GDP). It is assessed for India's Gross Domestic Product (GDP) development rate to 1.9 % for 2020-21. This will be the least after India recorded development rate at 1.1% in 1991-92. The Covid-19 has upset significant areas; it's markedly obvious that different areas the avionics, telecom, travel industry and transportation auto area, are most affected areas that are confronting negative repercussion of the current fiasco. In the given fact, withal the retail areas closing down their business the occupation of the laborers are at ideal danger. The Government of numerous nations has offered backing to the businesses to pay compensations to their workers. The current examination is attempted to contemplate the effect of Covid-19in different sectors considering the information which are supporting in nature, diverse proper factual apparatuses and procedures are applied for review and end. This disease has spread out across the globe within a span of few months. Many industries have been affected by the nation-wide lockdown. All economies are facing the problems how to the economy open and functioning during Covid-19. The Companies are expected to register the poor growth in business. The organization’s financial performance will remain slow in the coming few quarters. On the other hand, there are some industries which are impacted adversely. There are some industries which are impacted positively. This research paper is based on the secondary data collected from the different sources. For the past three year now, the world is worried to struggle this dreaded pandemic. The medicine has been thrown to a violent test of its character. Science has been trying to find the answer of How and Why of the pandemic. While an early vaccine was ‘Cry of the day’, changed variants caused greater harm, by put up the recovery of the nation in the form of second wave. The present paper is a review of the advent of the pandemic, measures taken, its revival and the crumbling down of the nation. Its impacts on various socio-economic ranges have far more reaching consequences than expected. On the analysis its after-effects are far extending and lasting than expected.

Keywords: Gross Domestic Product, Covid-19 and Financial Performance.