Kolkata, March 3

Despite a fall in net profit to Rs.37.42 crore against Rs.45 crore the year before, Goodricke Group Ltd. declared a 40 per cent dividend of Rs.4 per share for the financial year to December 31, 2011. The net sales of the company, however, was Rs.457.55 crore, an increase of Rs.58.24 crore over the previous year.