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RIL operating profit may lag estimates - StarMine

Reuters
A man walks past a Reliance Industries Limited sign board installed on a road divider in Gandhinagar January 17, 2014. REUTERS/Amit Dave

Reuters Market Eye - Reliance Industries Ltd's(RELI.NS) operating profit may lag consensus estimates when it reports January-March quarter results on Friday, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Reliance to report an operating profit of 79.12 billion rupees ($1.31 billion) for the quarter, compared with a consensus mean estimate of 81.79 billion rupees.

Reliance shares are trading up 0.1 percent on Wednesday.

($1 = 60.2400 rupees)

(Reporting by Abhishek Vishnoi)