Investing.com - Shriram-City Union reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shriram-City Union announced earnings per share of ₹55.99 on revenue of ₹21.55. Analysts polled by Investing.com anticipated EPS of ₹52.45 on revenue of ₹11.34B.
Shriram-City Union shares are up 2.44% from the beginning of the year, still down 21.60% from its 52 week high of ₹2,303.60 set on November 30, 2021.
Shriram-City Union follows other major Financial sector earnings this month
Shriram-City Union'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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