Godrej Industries Ltd has declared financial results for the year ended 31st March, 2009.

The company said that during the year under review, it has clocked a sharp dip of 83% in its net profit which stood at Rs 18 crore as compared to Rs 108 crore in the previous year.

In the same year, company’s total income has surged to Rs 898 crore from Rs 787 crore in the year ago.

The Group has recorded consolidated net profit of Rs 111crore for the year ended March 31, 2009 as compared to Rs 167 crore in the previous fiscal. During same period, company’s total income has also witnessed a positive trend to Rs 3457.6 crore as against Rs 3005 crore for the year ended March 31, 2008.

Further, company’s board members have declared final dividend of Rs 1 per share for the financial year 2008-09.

Stock of Godrej Industries closed the day at Rs 129, up 2.49% on National Stock Excahnge (NSE).