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

Reuters  |  MUMBAI 

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

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