FMCG major Nestle India today said its net profit declined 6.74 per cent to Rs 112.92 crore in the fourth quarter ended December 31, 2009, over the corresponding period a year ago.

The company had a net profit of Rs 121.09 crore during the same quarter last year, Nestle India said in a filing to the Bombay Stock Exchange (BSE).

BSE  |  NSE Price

Also Read   Related Stories News Now - Nestle India to add new facilities to meet demand - PepsiCo net Q4 jumps 98% to $1.43 bn - Telenor Q4 net income jumps 27% to $423 mn - Coca-Cola Q4 net up 55% on robust India, China sales - Genpact Q4 net income dips 26% to $34.6 mn - GSK Consumer Q4 net up 3.3% at Rs 34 cr

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr More

For the year ended December 31, 2009, net profit jumped to Rs 655 crore from Rs 534.08 crore in the previous year.

Total income of the company climbed up to Rs 5,167.17 crore in the year under review from Rs 4,358.13 crore during the previous fiscal.

The board of directors recommended a final dividend of Rs 12.50 per equity share of Rs 10 each. This is in addition to two interim dividends for 2009 of Rs 9 and Rs 27 per share paid in May and November 2009, respectively.

Shares of the company closed at Rs 2,642.25, marginally down from previous close on the BSE.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

Tags : Nestle India | Q4 results | financial results | FMCG major | BSE   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -  "Discover The Power of One" -  Journey on, We are by Your Side. Click here to know more -  Help a Child Achieve her. Click to know more -  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 -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  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 -  2 Lac Apartments, 1 Lac House / Plots. Click here