Investing.com - SBI Life Insurance reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
SBI Life Insurance announced earnings per share of ₹3.76 on revenue of ₹164.80. Analysts polled by Investing.com anticipated EPS of ₹4.51 on revenue of ₹144.39B.
SBI Life Insurance shares are up 4% from the beginning of the year, still down 6.38% from its 52 week high of ₹1,340.35 set on September 8.
SBI Life Insurance follows other major Financial sector earnings this month
SBI Life Insurance'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 October 20 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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