Bombay Rayon Fashions has posted a loss of ₹45.68 crore for the quarter ended December, against a net profit of ₹4.86 crore in the corresponding quarter of the previous fiscal. Sales fell 21 per cent y-o-y to ₹861.88 crore. For the September quarter, it had recorded a loss of ₹53.56 crore on sales of ₹981.63 crore. Shares of Bombay Rayon may react negatively, as the results came in the closing minutes of the day’s trading.