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RAILTEL — RailTel of India News Story

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Railtel Corporation Of India slips after quarterly profit falls sequentially

BUZZ-Railtel Corporation Of India slips after quarterly profit falls sequentially

** Shares of Railtel Corporation Of India RAIT.NS fall 3.4% to 284.15 rupees

** Telecom infrastructure provider reports June-quarter net profit sequentially declines 55.6% to 657.8 million rupees($6.90 million)

** Revenue from operations sequentially falls 46.5%% in the quarter

** Stock down 23.5% YTD


($1 = 95.3950 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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