India's Bharat Rasayan slides on quarterly profit slump

About this update from Bharat Rasayan Limited

** Shares of Bharat Rasayan NSE:BHARATRAS down 7.2% to 9,050 rupees ** Chemicals maker's Q4 consol profit drops 63% to 251.3 mln rupees ($2.94 mln); costs jump but revenue flat y/y ** Trading volume at around 12k shares; 3.4x 30-day avg ** Stock down 10% YTD($1 = 85.4950 Indian rupees)

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