Second wave restrictions: Crisil says multiplexes to be on losses; may recover only in FY23 SECTIONS Last Updated: Apr 30, 2021, 05:21 PM IST Share Synopsis The sector, arguably one of the worst impacted in the pandemic, can look at a recovery only in the next financial year, the report by domestic credit rating agency Crisil said. Agencies The spread of infections, the success of the vaccination drive, and the return of moviegoers (setting aside their fear of closed spaces) will be monitorables along with companies' ability to raise funds in a timely manner, the agency said. Localised lockdowns and night curfews amid the newer wave of COVID-19 is set to extract a toll on multiplexes in the country, and companies in this sector will report operating losses for the second consecutive year, a report said on Friday.