MUMBAI (Reuters) - Shares in India's Reliance Communications Ltd
Consolidated net profit at the carrier, controlled by billionaire Anil Ambani, fell a sharper-than-expected 44 percent to 1.05 billion rupees for its fiscal third quarter ended December.
Reliance Communications shares were down 9.5 percent at 3:13 p.m. They earlier touched a low of 79.1 rupees.
(Reporting by Abhishek Vishnoi)