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StarMine: Reliance Industries' operating Profit may lag Estimates

Reliance Industries  Ltd's operating profit may lag consensus estimates when it reports January-March quarter results on Friday, Thomson Reuters StarMine's SmartEstimates showed.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Reliance to report an operating profit of INR 79.12 billion for the quarter, compared with a consensus mean estimate of INR 81.79 billion. Reliance shares are trading up 0.1 per cent on Wednesday.

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