Voltas operating profit may lag estimates: StarMine

Written by Reuters | Mumbai | Updated: Jan 30 2014, 15:37pm hrs
VoltasVoltas Ltd's October-December operating profit may lag consensus estimates, says StarMine.
Voltas Ltd's October-December operating profit may lag consensus estimates when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Voltas to report an operating profit of 462 million rupees ($7.40 million) for the quarter, compared with a consensus mean estimate of 475 million rupees.

Shares of Voltas, a Tat Group company, ended down 1.8 per cent on Wednesday.