Coal India's operating profit may beat estimates: StarMine

Updated: May 29 2014, 16:35pm hrs
Coal indiaCoal Indian shares are down 0.8 percent as of 0424 GMT. (Reuters)
Coal India's operating profit may beat consensus estimates when the miner reports January-March results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Coal India to report an operating profit of 63.73 billion rupees ($1.08 billion) in the quarter, compared with a consensus mean estimate of 59.08 billion rupees.

Coal India shares are down 0.8 percent as of 0424 GMT.

($1 = 58.8750 Indian Rupees)