L&T operating profit may lag estimates: StarMine
StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects L&T to report an operating profit of 13 billion Indian rupeesfor the quarter, compared with a consensus mean estimate of 13.86 billion rupees.
July 22, 2013 / 12:35 IST
Larsen & Toubro Ltd (L&T) may miss operating profit consensus forecast for April-June when it reports results later in the day, according to Thomson Reuters StarMine data.
Also read: L&T Q1 net profit may fall 14% to Rs 862 cr: Motilal OswalStarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects L&T to report an operating profit of 13 billion Indian rupeesfor the quarter, compared with a consensus mean estimate of 13.86 billion rupees.
Shares in L&T are up 0.7 percent at 11.39 am.
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