Kingfisher shares drop after July-Sept net loss widens

KINGFISHER-AIRLINES-RESULTS-SHARES:Kingfisher shares drop after July-Sept net loss widens

Shares in Kingfisher Airlines slumped as much as 4.7 percent on Thursday after reporting its July-September net loss had widened to 7.54 billion rupees, compared with a loss of 4.69 billion rupees a year earlier.

Kingfisher shares were down 3.1 percent as of 9:19 a.m. after the results posted earlier on Thursday.