India's Rossari Biotech slips after Q1 net profit falls sequentially
BUZZ-India's Rossari Biotech slips after Q1 net profit falls sequentially ** Shares of India's Rossari Biotech ROSB.NS fall 1.9% to 521.55 rupees
** Stock set to decline for second straight session
** Specialty chemicals manufacturer reports Q1 consol net profit sequentially fell 23.7% to 350.95 million rupees ($3.64 million), driven by higher cost of materials
** Says consolidated revenue from operations increased 28.2% Y/Y
** Stock down 10.4% YTD
($1 = 96.4450 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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