RCom shares slump 9 percent after company reports September-quarter loss

MUMBAI (Reuters) - Reliance Communications Ltd shares fell more than 9 percent in early trade on Monday after the company reported a loss in the September quarter.

Shares in the company were trading at 12.80 rupees by 0359 GMT, down 9.3 percent. It dropped to a low of 12.75 earlier in the session.

Reliance Communications reported a loss after tax of 27.09 billion rupees ($414.76 million) in the July-September quarter versus a profit of 620 million rupees in the same period a year ago.

($1 = 65.3150 Indian rupees)

(Reporting by Swati Bhat; Editing by Gopakumar Warrier)