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UNO Minda Clocks Higher Consolidated Profit in Fiscal Q4; Shares Fall 4%

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UNO Minda's (BOM:532539, NSE:UNOMINDA) attributable consolidated profit increased to 3.26 billion Indian rupees in the fiscal fourth quarter from 2.66 billion rupees a year earlier, according to a Saturday filing on the Indian bourses.

Shares of the auto parts supplier fell over 4% in Monday's trade.

Earnings per share in the quarter ended March 31 climbed to 5.64 rupees from 4.62 rupees a year earlier.

Revenue from operations in fiscal Q4 jumped year on year to 53.4 billion rupees from 45.3 billion rupees, the filing said

The board recommended a final dividend of 1.75 rupees per share for the financial year ended March 31, payable to shareholders of record on May 29, the filing said.

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