RIL operating profit may lag estimates: Reuters

Reliance Industries Ltd 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 Rs 7,595 crore for the quarter, compared with a consensus mean estimate of Rs 8,029 crore.

Reliance shares were up 0.3 per cent at 10:38 a.m.

Copyright: Thomson Reuters 2013