Mumbai: Infrastructure group Jaiprakash Associates has said that its consolidated net profit for the year ended 31 March 2009, stood at Rs420.25 crore.
The company had a net profit of Rs676.8 crore in the year ended March 2008, the company said in a filing to the Bombay Stock Exchange (BSE).
The figures of results for March 2009 are of post merger and hence not comparable with those of the previous year, the company said.
Total income of the company stood at Rs4,967.47 crore for the period ended 31 March. It had a total income of Rs4,394 crore in the same period last year.
The board of directors of the company proposed a final dividend of Rs0.40 a piece on the shares of face value of Rs2 each for the year 2008-2009, the filing added.
Jaiprakash Associates was trading at Rs233.40, up 0.91% on the BSE.