Investing.com - Symphony Ltd reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Symphony Ltd announced earnings per share of ₹4.67 on revenue of ₹2.74. Analysts polled by Investing.com anticipated EPS of ₹6.43 on revenue of ₹2.85B.
Symphony Ltd shares are down 14.44% from the beginning of the year and are trading at ₹855.50 , down-from-52-week-high.
Symphony Ltd follows other major Consumer Discretionary sector earnings this month
Symphony Ltd's report follows an earnings beat by Bajaj Auto on Friday, October 14, 2022, who reported EPS of ₹60.1 on revenue of ₹102.0B, compared to forecasts EPS of ₹48.82 on revenue of ₹99.12B.
Johnson Controls-Hitachi Air had missed expectations on Wednesday with second quarter EPS of ₹-19.5 on revenue of ₹3.08B, compared to forecast for EPS of ₹-9 on revenue of ₹4.43B.
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