DLF net profit may lag estimates: StarMine

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

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)