Hero MotoCorp operating profit may lag estimates: StarMine

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Hero MotoCorp Managing Director and CEO Pawan Munjal at the launch of the company's new bikes in New Delhi. (PTI) Hero MotoCorp Managing Director and CEO Pawan Munjal at the launch of the company's new bikes in New Delhi. (PTI)
SummaryHero MotoCorp is expected to announce operating profit of Rs 9.54 billion rupees for Dec quarter.

Hero MotoCorp Ltd's operating profit may lag consensus estimates when it reports October-December quarter 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 Hero MotoCorp to report an operating profit of 9.54 billion rupees for the quarter, compared with a consensus mean estimate of 9.69 billion rupees.

Related: Hero MotoCorp unveils diesel concept motorcycle, 4 new models

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