Net sales of the company rose to Rs 2,289.45 crore for the year ended 2009, against Rs 1,964.02 crore in the same period last year, Moser Baer India said in a filing to the Bombay Stock Exchange.
The board of directors has proposed a dividend of Rs 0.60 a piece for the year ended 2008-09, the filing added.
Shares of Moser Baer India were trading at Rs 70.30 on the BSE, down 4.03 per cent from previous close.