Don’t miss the latest developments in business and finance.

Maruti operating profit may lag estimates - StarMine

Image
Reuters
Last Updated : Jul 25 2013 | 2:25 PM IST

Reuters Market Eye - Maruti Suzuki may miss the consensus operating profit forecast for the April-June quarter when it reports results later in the day, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Maruti to report an operating profit of 11.27 billion rupees for the quarter, compared with a consensus mean estimate of 11.99 billion rupees.

Maruti shares were down 0.36 percent at 1.34 p.m.

(Reporting by Abhishek Vishnoi)

Also Read

First Published: Jul 25 2013 | 2:11 PM IST

Next Story