Investing.com - Avenue Supermarts reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Avenue Supermarts announced earnings per share of ₹10.50 on revenue of ₹106.40. Analysts polled by Investing.com EPS of ₹9.98 on revenue of ₹104.55B.
Avenue Supermarts 's are down 71.61% and is trading at ₹4,224.00 , still down 18.46% from its 52 week high of ₹5,180.00 set on Thursday, November 18, 2021.
Avenue Supermarts follows other major Consumer Staples sector earnings this month
Avenue Supermarts's report follows an earnings missed by ITC on Monday, August 1, 2022, who reported EPS of ₹3.4 on revenue of ₹172.9B, EPS of ₹3.41 on revenue of ₹173.05B.
Nestle India had beat expectations on Wednesday with third quarter EPS of ₹69.32 on revenue of ₹45.91B, for EPS of ₹66.15 on revenue of ₹43.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar