Calcutta, May 7: Birla Corporation's March-quarter net profit on a standalone basis grew 9 per cent to Rs 28.46 crore from Rs 26.20 crore in the same period a year ago.

Total income on a standalone basis rose marginally to Rs 797.15 crore in the reported quarter from Rs 793.48 crore a year ago.

During the fourth quarter, cement production declined 2.7 per cent to 18.65 lakh tonnes. Cement dispatches fell 1.31 per cent to 18.81 lakh tonnes during the period.

On a full year basis, the company's net profit rose to Rs 175.44 crore from Rs 129.76 crore a year ago. Revenues in 2014-15 grew to Rs 3,209.89 crore from Rs 3,016.35 crore.

Cement production was up 3.77 per cent to 76.24 lakh tonnes in 2014-15, whereas cement dispatches rose 4.42 per cent to 76.72 lakh tonnes during the same period.

Meanwhile, the board of directors has proposed a dividend of Rs 6 per share. A total outgo on account of dividend, including taxes, for 2014-15 works out to Rs 55.61 crore.