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Indusind Bank profit may beat estimates-StarMine

Source : REUTERS
Last Updated: Thu, Jan 09, 2014 06:22 hrs
A cashier counts currency notes as customers wait inside a bank in Hyderabad

Indusind Bank Ltd may beat consensus profit forecast for the Oct-December quarter when it reports results on Friday, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Indusind to report a profit of 3.41 billion rupees ($54.9 million) for the quarter, compared with a consensus mean estimate of 3.30 billion rupees.

Indusind Bank shares are down 1.2 percent at 0545 GMT.

($1 = 62.1700 Indian rupees)


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