Oriental Aromatics Ltd.NSE: OAL

India's Oriental Aromatics falls after sharp slump in Q4 profit

· Issued by Oriental Aromatics Ltd.

** Shares of fragrance and flavour maker Oriental Aromatics NSE:OAL down 7.9%, paring earlier drop of 9.3%

** Co reports 85.9% y/y fall in Q4 net profit; total expenses grew 22.4% led by higher raw material costs

** Stock on track to snap four-session winning streak

** More than 89,000 shares traded as of 10:21 a.m. IST, nearly twice their 30-day moving avg

** Stock trims YTD gains to 4.3%

($1 = 85.6650 Indian rupees)

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