May 30, 2013 / 7:08 AM / 5 years ago

DLF net profit may lag estimates: StarMine

Reuters Market Eye - DLF Ltd (DLF.NS) may miss January-March profit consensus forecasts when it reports results later in the day, according to Thomson Reuters StarMine data.

A truck driver looks out at the construction site of a residential apartment building by Indian property developer DLF Ltd. in Gurgaon January 27, 2010. REUTERS/Adnan Abidi/Files

StarMine’s SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects DLF to report a profit of 1.76 billion rupees for the quarter compared with a wider consensus mean estimate of 1.90 billion rupees.

Shares in DLF are down 3.3 percent at 12:35 p.m.

Reporting by Abhishek Vishnoi

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