Mahindra & Mahindra earnings, Revenue miss in Q2

Mahindra & Mahindra earnings, Revenue miss in Q2 - Mahindra & Mahindra reported second quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.

The firm reported earnings per share of 12 on revenue of 196.13B. Analysts polled by expected EPS of 12.8 on revenue of 199.31B. .

For the year, Mahindra & Mahindra shares are down 21.76%, under-performing the Nifty 50 which is up 0.25% year to date.

Mahindra & Mahindra follows other major Consumer Discretionary sector earnings this month

On Wednesday, July 27, 2022, Maruti Suzuki reported second quarter EPS of 33.5 on revenue of 265B, compared to forecasts of EPS of 33.7 on revenue of 264.52B.

Titan Company earnings beat analyst's expectations on Friday, with second quarter EPS of 8.9 on revenue of 89.61B. analysts expected EPS of 7.4 on revenue of 82.28B

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