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NTPC Green Energy's Consolidated Profit Declines in Fiscal Q4

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NTPC Green Energy's (NSE:NTPCGREEN, BOM:544289) consolidated attributable profit declined 15.5% to 1.97 billion Indian rupees in the fiscal fourth quarter ended March 31, from 2.33 billion rupees a year ago.

Earnings per share contracted to 0.23 rupees from 0.28 rupees a year earlier, the renewable energy company said in a filing to the Indian stock exchanges on Friday.

Revenue from operations in fiscal Q4, however, jumped 39.7% to 9.13 billion rupees from 6.22 billion rupees a year ago.

The clean energy developer's shares fell almost 3% in recent trade.

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