Investing.com - Amber Enterprises India reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Amber Enterprises India announced earnings per share of ₹-0.88 on revenue of ₹7.50. Analysts polled by Investing.com anticipated EPS of ₹3.70 on revenue of ₹8.4B.
Amber Enterprises India shares are down 34.75% from the beginning of the year and are trading at ₹2,163.95 , down-from-52-week-high.
Amber Enterprises India follows other major Consumer Discretionary sector earnings this month
Amber Enterprises India's report follows an earnings beat by Bajaj Auto on October 14, who reported EPS of ₹60.1 on revenue of ₹102.0B, compared to forecasts EPS of ₹48.82 on revenue of ₹99.12B.
Dixon Tech had missed expectations on August 31 with third quarter EPS of ₹7.7 on revenue of ₹28.55B, compared to forecast for EPS of ₹7.77 on revenue of ₹28.6B.
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