Investing.com - Schaeffler India reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Schaeffler India announced earnings per share of ₹13.80 on revenue of ₹17.56. Analysts polled by Investing.com anticipated EPS of ₹13.95 on revenue of ₹17.56B.
Schaeffler India shares are up 58.15% from the beginning of the year, still down 23.22% from its 52 week high of ₹3,969.85 set on September 15.
Schaeffler India follows other major Industrials sector earnings this month
Schaeffler India's report follows an earnings missed by Havells India on Wednesday, who reported EPS of ₹2.98 on revenue of ₹36.79B, compared to forecasts EPS of ₹4.37 on revenue of ₹36.76B.
Polycab India had beat expectations on Friday with second quarter EPS of ₹17.84 on revenue of ₹33.32B, compared to forecast for EPS of ₹14.97 on revenue of ₹30.03B.
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