RIL operating profit may lag estimates - StarMine

Reuters

Reuters Market Eye - Reliance Industries Ltd (NSI:RELIANCE.NS - News) may miss its consensus operating profit forecast for the July-September quarter when it reports results later in the day, Thomson Reuters StarMine data shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Reliance to report an operating profit of 75.95 billion rupees for the quarter, compared with a consensus mean estimate of 80.29 billion rupees.

Reliance shares up 0.3 percent at 10:38 a.m.

(Reporting by Abhishek Vishnoi)

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