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RCom shares slump 9 percent after company reports September-quarter loss

Reuters  |  MUMBAI 

(Reuters) - Ltd fell more than 9 percent in early trade on Monday after the company reported a loss in the September quarter.

in the company were trading at 12.80 rupees by 0359 GMT, down 9.3 percent. It dropped to a low of 12.75 earlier in the session.

reported a loss after tax of 27.09 billion rupees ($414.76 million) in the July-September quarter versus a profit of 620 million rupees in the same period a year ago.

($1 = 65.3150 Indian rupees)

(Reporting by Swati Bhat; Editing by Gopakumar Warrier)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 13 2017. 09:40 IST