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Homebuilder PulteGroup profit falls 2.3 percent

April 23 (Reuters) - PulteGroup Inc on Tuesday reported a 2.3 percent fall in first-quarter profit, hit by higher costs.

The No.3 U.S. homebuilder's net income fell to $166.8 million, or 59 cents per share, in the quarter ended March 31, from $170.8 million, or 59 cents per share, a year earlier.

Total revenue rose to $1.99 billion from $1.97 billion. (Reporting by Sanjana Shivdas in Bengaluru; Editing by James Emmanuel)