Operating profit from its agriculture and livestock business rose to 1.2 billion rupees during the year from 671 million rupees the year before.
Other income fell 53 percent to 227 million rupees during the year as the group did not get any funds from a government fertiliser subsidy, the accounts showed.
Last year, the group's CIC Agri Business got 250 million rupees.
In the March 2011 quarter, CIC Holdings said net profit rose 52 percent to 170 million rupees from a year ago with sales up 30 percent to 5.4 billion rupees.