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 , still down 40.33% from its 52 week high of ₹3,340.00 set on Wednesday, February 2, 2022.
Aavas Financiers follows other major Financial sector earnings this month
Aavas Financiers'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 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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