HeidelbergCement India earnings, Revenue miss in Q2

  • Investing.com
HeidelbergCement India earnings, Revenue miss in Q2

Investing.com - HeidelbergCement (ETR: HEIG ) India reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

HeidelbergCement India announced earnings per share of ₹0.31 on revenue of ₹5.06. Analysts polled by Investing.com anticipated EPS of ₹1.68 on revenue of ₹5.93B.

HeidelbergCement India shares are up 1.37% from the beginning of the year and are trading at ₹195.00 , down-from-52-week-high.

HeidelbergCement India shares lost 0.71% in intra-day trade the report.

HeidelbergCement India follows other major Materials sector earnings this month

HeidelbergCement India's report follows an earnings missed by Shree Cements on Friday, who reported EPS of ₹50.81 on revenue of ₹40.38B, compared to forecasts EPS of ₹68.65 on revenue of ₹38.65B.

ACC had missed expectations on Monday with third quarter EPS of ₹-4.65 on revenue of ₹39.87B, compared to forecast for EPS of ₹9.88 on revenue of ₹40.67B.

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