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By Sweta Singh
"The enactment of tax reform in the fourth quarter is a significant positive outcome for the country.
Net profit, adjusted to exclude the tax charge and other one-time items, was $6.7 billion, or $1.76 per share, for the fourth quarter ended Dec. 31. (http://bit.ly/2AR7AUe)
Net revenue rose 4.6 percent to $25.45 billion, beating the estimate of $25.15 billion.
Net income, reported under generally accepted accounting principles (GAAP) and including the tax charge, declined to $4.23 billion, or $1.07 per share, in the fourth quarter ended Dec. 31, from $6.73 billion, or $1.71 per share, a year earlier.
(Reporting by Sweta Singh in Bengaluru and David Henry in New York; Editing by Saumyadeb Chakrabarty)