<p class="title">Shares of Reliance Communications on Monday plummeted 13.5% after the company posted a consolidated loss of Rs 2,709 crore in the second quarter ended September.</p>.<p class="bodytext">The stock dived 13.52% to settle at Rs 12.15 on the BSE. During the day, it slumped 13.87% to Rs 12.10 -- its 52-week low.</p>.<p class="bodytext">On the NSE, shares of the company tumbled 13.52% to close at Rs 12.15.</p>.<p class="bodytext">The company's market valuation also fell by Rs 860.89 crore to Rs 3,024.11 crore.</p>.<p class="bodytext">Debt-laden telecom operator Reliance Communications on Saturday reported a consolidated loss of Rs 2,709 crore in the second quarter to September 2017.</p>.<p class="bodytext">The company had registered a profit of Rs 62 crore in the same period a year ago.</p>.<p class="bodytext">This is the fourth straight quarter of loss for the company. Total income of the firm declined by 48% to Rs 2,667 crore in the reported quarter, from Rs 5,142 crore in the corresponding period of the previous fiscal.<br />RCom, which is on the verge of shutting its voice call service, witnessed a decline in revenue from its both India and global operations. </p>
<p class="title">Shares of Reliance Communications on Monday plummeted 13.5% after the company posted a consolidated loss of Rs 2,709 crore in the second quarter ended September.</p>.<p class="bodytext">The stock dived 13.52% to settle at Rs 12.15 on the BSE. During the day, it slumped 13.87% to Rs 12.10 -- its 52-week low.</p>.<p class="bodytext">On the NSE, shares of the company tumbled 13.52% to close at Rs 12.15.</p>.<p class="bodytext">The company's market valuation also fell by Rs 860.89 crore to Rs 3,024.11 crore.</p>.<p class="bodytext">Debt-laden telecom operator Reliance Communications on Saturday reported a consolidated loss of Rs 2,709 crore in the second quarter to September 2017.</p>.<p class="bodytext">The company had registered a profit of Rs 62 crore in the same period a year ago.</p>.<p class="bodytext">This is the fourth straight quarter of loss for the company. Total income of the firm declined by 48% to Rs 2,667 crore in the reported quarter, from Rs 5,142 crore in the corresponding period of the previous fiscal.<br />RCom, which is on the verge of shutting its voice call service, witnessed a decline in revenue from its both India and global operations. </p>