Bangalore-headquartered Opto Circuits India has registered a growth of 62% in its consolidated net profit for the fourth quarter ended March 31, 2009.

The company posted a net profit of Rs 55.37 crore, against Rs 34.20 crore, same period last year.

Further, the company's net sales also grew to Rs 213.11 crore for the period ended March 2009, compared to Rs 120.48 crore in the same period last year. For the fiscal ended March 2009, the company has posted a net profit Rs 209.44 crore, up 60.30 per cent, from Rs 130.65 crore in the same period last year.

Apart from announcement of results, the company board proposed a dividend of Rs 4 each share (face value of Rs 10 each) for the year 2008-2009, subject to the approval of the shareholders.

Opto Circuits engages in the manufacture and marketing of health care and medical electronic products primarily in India, Europe, United States and rest of Asia. Shares of Opto Circuits India today ended at Rs 150.25, down 6.47 per cent on the BSE.