Investing.com - Shriram Transport reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shriram Transport announced earnings per share of ₹39.54 on revenue of ₹53.48. Analysts polled by Investing.com anticipated EPS of ₹38.58 on revenue of ₹27.45B.
Shriram Transport shares are down 42.55% from the beginning of the year, still down 28.20% from its 52 week high of ₹1,696.40 set on November 9, 2021.
Shriram Transport follows other major Financial sector earnings this month
Shriram Transport'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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