Reliance operating profit may lag estimates: StarMine

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Reliance to report an operating profit of Rs 755.42 billion for the quarter compared with a consensus mean estimate of Rs 778.92 billion.

July 17, 2013 / 16:02 IST

Reliance Industriesmay miss operating profit consensus forecast for April-June when it reports results on Friday, according to Thomson Reuters StarMine data.

Also Read: Welcome new gas price but worries remain: RIL

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Reliance to report an operating profit of Rs 755.42 billion for the quarter compared with a consensus mean estimate of Rs 778.92 billion.

Shares in Reliance are up 1.9 percent at 1:17 p.m.

first published: Jul 17, 2013 03:32 pm

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