Tuesday, 9 July 2013

Infosys operating profit may lag estimates: StarMine - NDTV

Reuters | Updated On: July 09, 2013 14:11 (IST)

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Infosys may miss April-June operating profit consensus forecast when it reports results on Friday, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Infosys to report an operating profit of Rs 2,893 crore for the quarter compared with a consensus mean estimate of Rs 2,994 crore.

Shares in Infosys traded up 1.1 per cent at Rs 2,496.45 as of 2.17 p.m. on the National Stock Exchange.

Copyright Thomson Reuters 2013

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