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OLECTRA — Olectra Greentech News Story

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India's Olectra Greentech slips after quarterly profit falls sequentially

BUZZ-India's Olectra Greentech slips after quarterly profit falls sequentially

** Shares of India's Olectra Greentech OLEC.NS fall as much as 5.9% to 1,311 rupees; stock last down 4.7%

** Electric bus maker reports June-quarter consolidated net profit sequential decline of 53.3% to 259.5 million rupees ($2.7 million)

** Consolidated revenue from operations falls 10.7% sequentially to 5.76 billion rupees

** Stock up 10.7% YTD




($1 = 95.4250 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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