Investing.com - Aavas Financiers reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aavas Financiers announced earnings per share of ₹13.46 on revenue of ₹3.95. Analysts polled by Investing.com anticipated EPS of ₹13.42 on revenue of ₹2.51B.
Aavas Financiers shares are down 76.78% from the beginning of the year and are trading at ₹1,993.00 , down-from-52-week-high.
Aavas Financiers follows other major Financial sector earnings this month
Aavas Financiers'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 Thursday 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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