HDFC Asset Management earnings, Revenue beat in Q2

  • Investing.com
HDFC Asset Management earnings, Revenue beat in Q2

Investing.com - HDFC Asset Management (NS: HDFA ) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

HDFC (NS: HDFC ) Asset Management announced earnings per share of ₹17.05 on revenue of ₹5.45. Analysts polled by Investing.com anticipated EPS of ₹16.28 on revenue of ₹5.4B.

HDFC Asset Management shares are down 21% from the beginning of the year and are trading at ₹2,071.50 , down-from-52-week-high.

HDFC Asset Management follows other major Financial sector earnings this month

HDFC Asset Management'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.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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