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 and are trading at ₹1,218.00 , down-from-52-week-high.
Shriram Transport follows other major Financial sector earnings this month
Shriram Transport's report follows an earnings beat by HDFC Bank on Saturday, October 15, 2022, 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, October 20, 2022 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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