MUMBAI, INDIA: Debt-laden Indian mobile phone carrier Reliance Communications reported on Saturday a 43.5 per cent fall in consolidated quarterly profit, its ninth straight quarter of lower profit.

Reliance Comm, India's second biggest mobile operator by subscribers, said consolidated net profit after adjustment of share of minority interest and associates fell to Rs.. 2.52 billion($50.4 million) in the second quarter of its fiscal year, ending in September, from Rs.. 4.46 billion  reported a year earlier.