Dishman Pharmaceuticals and Chemicals Ltd (DPCL) said on Thursday its net profit fell by 31 per cent while its turnover increased by 8 per cent in the financial year ended March 31, 2011, compared with the corresponding period in the previous fiscal.

While the company's consolidated turnover was Rs 990.84 crore (Rs 915.36 crore), its net profit stood at Rs 81.39 crore (Rs 117.63 crore), according to a release here.

On Thursday, DPCL's share price at the BSE closed 4.20 per cent up at Rs 95.60.

The board of directors has recommended a dividend of Rs 1.20 per share subject to the approval of the members at the AGM on July 29.

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