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)
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