Cipla operating profit may lag estimates: StarMine

Cipla Ltd may miss January-March operating profit consensus forecasts when it reports results on Wednesday, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Cipla to report an operating profit of Rs 481 crore for the quarter compared with a wider consensus mean estimate of Rs 491 crore.

Shares in Cipla were down 1.66 per cent at 2.22 pm.

Copyright: Thomson Reuters 2013