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Infosys operating profit may lag estimates-StarMine

Source : REUTERS
Last Updated: Tue, Jul 09, 2013 08:37 hrs
Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore

India's Infosys Ltd may miss April-June operating profit consensus forecast when it reports results on Friday, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Infosys to report an operating profit of 28.93 billion rupees ($475.31 million) for the quarter compared with a consensus mean estimate of 29.94 billion rupees.

Shares in Infosys are up 1.1 percent at 0811 GMT.


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