Investing.com - L&T Technology Services reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
L&T Technology Services announced earnings per share of ₹26.68 on revenue of ₹19.95. Analysts polled by Investing.com anticipated EPS of ₹25.88 on revenue of ₹19.77B.
L&T Technology Services shares are down 37.36% from the beginning of the year and are trading at ₹3,507.20 , down-from-52-week-high.
L&T Technology Services follows other major Industrials sector earnings this month
L&T Technology Services's report follows an earnings missed by Havells India on Wednesday, who reported EPS of ₹2.98 on revenue of ₹36.79B, compared to forecasts EPS of ₹4.37 on revenue of ₹36.76B.
Schaeffler India had missed expectations on July 27 with second quarter EPS of ₹13.7 on revenue of ₹17.49B, compared to forecast for EPS of ₹13.72 on revenue of ₹17.49B.
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