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Swelect Energy Systems' Consolidated Profit Climbs in Fiscal Q4

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Swelect Energy Systems' (NSE:SWELECTES, BOM:532051) consolidated attributable profit rose to 102.0 million Indian rupees from 88.5 million rupees a year ago.

Earnings per share came in at 6.72 rupees from 5.31 rupees a year earlier, according to a Friday filing to the Indian stock exchanges by the renewable energy company.

Revenue from operations in fiscal Q4 also increased to 2.02 billion rupees from 2.19 billion rupees a year ago.

The company's board recommended a final dividend of 3.50 per equity share of face value 10 rupees each for the fiscal year ended March 31.

The company's shares were down over 2% in recent trade.

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