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Fortis Healthcare trades flat despite poor December-quarter earnings

The company also reported its September quarter net loss at Rs 236.1 million

Fortis Hospital, Fortis
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Fortis Hospital

SI Reporter New Delhi
Fortis Healthcare was trading flat on Thursday even after the company reported a consolidated net loss of Rs 191 million for the quarter ended December 2017 against a profit of Rs 4.5 billion year-ago periods.

At 12:15 pm, the stock was trading at Rs 161, up 0.7%. On comparison, the  S&P BSE Sensex was ruling at 34,120, down 0.2%. The stock hit a high and low of Rs 167.4 and 156.9 respectively, so far in trade.

The company also reported its September quarter net loss at Rs 236.1 million after it had sought a 15-day extension to declare earnings for the second

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