Asia
Rossari Biotech Posts Higher Consolidated Profit in Fiscal Q4; Shares Plummet 5%
Rossari Biotech's (NSE:ROSSARI, BOM:543213) consolidated profit attributable to the owners jumped to 459.7 million Indian rupees in the fiscal fourth quarter, from 344.4 million rupees a year ago, according to an Indian bourse filing on Monday.Shares of the company fell nearly 6% in recent trade.Earnings per share for the quarter ended March 31 climbed to 8.29 rupees from 6.21 rupees a year earlier.The chemical company's revenue from operations increased year on year to 6.85 billion rupees from 5.80 billion rupees, the filing said.Rossari Biotech's board recommended a final dividend of 0.50 rupees per share for the financial year ended March 31.
BOM:543213NSE:ROSSARI
