Investing.com - AU Small Finance Bank reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
AU Small Finance Bank announced earnings per share of ₹5.24 on revenue of ₹22.40. Analysts polled by Investing.com anticipated EPS of ₹5.50 on revenue of ₹12.73B.
AU Small Finance Bank shares are up 12.07% from the beginning of the year, still down 20.76% from its 52 week high of ₹732.97 set on April 21.
AU Small Finance Bank follows other major Financial sector earnings this month
AU Small Finance Bank's report follows an earnings beat by HDFC Bank on October 15, who reported EPS of ₹19.93 on revenue of ₹491.8B, compared to forecasts EPS of ₹19.27 on revenue of ₹287.35B.
Bajaj Finance had beat expectations on Thursday with second quarter EPS of ₹45.81 on revenue of ₹99.68B, compared to forecast for EPS of ₹43.84 on revenue of ₹70.21B.
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