ICSA India, which provides embedded technology solutions for the power sector, has posted 9 per cent decline in net profit at Rs 34.05 crore in the fourth quarter ended March 31, 2009 as compared to Rs 37.45 crore, while turnover rose 35.42 per cent to Rs 287.14 crore.

During the quarter, the raw material cost has increased marginally due to the inflationary trend in major input costs, said the company in a statement. The company's order book stood at Rs 1,915 crore.

The company stock closed at Rs 114.6, up 7.15% on the Bombay Stock Exchange today.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Firm trades continue - Assange set for UK extradition verdict - Greek polls: pro-austerity parties gaining - Brent crude rises above $107, Greece, Iran eyed - JK Cement hardens on robust Q4 earnings

Tags : ICSA India | Q4FY09 | corporate results   Read Business news in  Advertisements -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More