Goa Carbon announced that the net profit for the year ended March 31, 2009 fell to Rs.12.33 crore from Rs.15.49 crore in the previous year. Total income grew to Rs.393.99 crore from Rs.209.12 crore in the last year.

On a quarterly basis, the company posted a loss of Rs.7.05 crore in the quarter ended March 31, 2009 compared to net profit of Rs.13.06 crore in the year ago quarter. Total income dipped to Rs.30.56 crore from Rs.68.52 crore in the corresponding quarter of last year.

The company recommended dividend of 30% or Rs.3.00 per share for the year ended March 31, 2009.

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