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REFILE-Delphi profit rises, to spin off of powertrain business

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DETROIT May 3 Automotive supplier Delphi Automotive Plc on Wednesday reported a higher quarterly net profit due to higher revenue in all regions and announced it would spin off its powertrain unit into a separate company.

The company reported a quarterly net profit from continuing operations of $335 million or $1.24 per share, up from $320 million or $1.15 per share a year earlier. (Reporting By Nick Carey. Editing by Jane Merriman)

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