Nitta Gelatin, a joint venture between Kerala State Industrial Development Corporation (KSIDC) and Nitta Gelatin Incorporated, Japan, has declared Rs.4 per share dividend for the year ended March 31, 2011. The company clocked a net sales of Rs.196.50 crore against Rs.189.41 crore. The net profit after taxation was lower at Rs.1.89 crore against Rs. 25.46 crore. — Corporate Reporter