Profit

Exide Industries Operating Profit Seen at Rs 257 Crore: StarMine

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Exide Industries Ltd's operating profit may lag consensus estimates when it reports quarterly results later in the day, Thomson Reuters StarMine's SmartEstimates showed.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects the company to report an operating profit of Rs 257 crore ($42.69 million)for the June quarter, compared with a consensus mean estimate of Rs 261 crore.

The latest estimate for Exide's quarterly operating profit stands at Rs 257 crore from Karvy Stock Broking, StarMine data added.

Exide's shares were trading down 0.06 per cent as of 9:54 a.m.

Copyright: Thomson Reuters 2014



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