Cement manufacturer OCL India today reported a decline of 0.34 per cent in its net profit at Rs 115.74 crore for the year ended March 31, 2009, over the same period last year.     

The company had a net profit of Rs 116.14 crore for the same quarter ended March 2008, OCL India said in a filing to the Bombay Stock Exchange. Total income of the company rose to Rs 1,128.60 crore for the year ended March 2009, from Rs 776.07 crore for the same period ended March 2008.     

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Besides in another filing on the BSE the company said, V D Jhunjhunwala has resigned as a director of the company. 

Shares of OCL India settled at Rs 79.45, down 3.46 per cent on the BSE.

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