FMCG manufacturer Nirma has declared its fourth quarter financial results for the fiscal year 2009-10 and it has informed to have a decline in its net profit figure.

The company has posted a consolidated net profit of Rs 25.99 crore for the quarter that ended in 31st March, 2010. This net profit figure has grown up by 57% in this quarter as compared to the same quarter in the last fiscal. This has been informed by the firm in a filing at the Bombay Stock Exchange.

So far as the net sales of the firm are concerned, it has fallen to Rs 773 crore during the January-March period of fiscal year 2009-10. It was Rs 823.49 crore for the same quarter last year.

The annual net profit of the company was reported to be Rs 249.33 crore with a hike of 87% in this year against last year. The board has decided to recommend a dividend of Rs 4.50 per share on the face value of Rs 5 to the shareholders for the financial year 2009-10.