Indian Toners & Developers Ltd. Announces Audited Consolidated and Standalone Financial Results for the Fourth Quarter and Full Year Ended Mar. 31, 2017
May 20, 2017 at 05:57 am EDT
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Indian Toners & Developers Ltd. announced audited consolidated and standalone financial results for the fourth quarter and full year ended Mar. 31, 2017. For the quarter, the standalone reported profit from operations before other income, finance cost & exceptional items of INR 7.132 million against INR 13.476 million for the same period of last year. Profit from ordinary activities before tax was INR 44.745 million against INR 25.937 million for the same period of last year. Net profit for the period was INR 42.068 million or INR 5.22 per basic and diluted share before and after extraordinary items against INR 23.279 million or INR 2.89 per basic and diluted share after extraordinary items for the same period of last year. Total sales/income from operations (net of excise duty) were INR 99.981 million against INR 97.013 million for the same period of last year.
For the year, the standalone reported profit from operations before other income, finance cost & exceptional items of INR 25.820 million against INR 45.874 million for the same period of last year. Profit from ordinary activities before tax was INR 78.601 million against INR 72.392 million for the same period of last year. Net profit for the period was INR 68.882 million or INR 8.55 per basic and diluted share before and after extraordinary items against INR 58.923 million or INR 7.31 per basic and diluted share after extraordinary items for the same period of last year. Total sales/income from operations (net of excise duty) were INR 343.950 million against INR 350.695 million for the same period of last year.
For the quarter, the consolidated company reported profit from operations before other income, finance cost & exceptional items of INR 73.850 million against INR 48.043 million for the same period of last year. Profit from ordinary activities before tax was INR 112.508 million against INR 48.298 million for the same period of last year. Net profit for the period was INR 93.534 million or INR 8.34 per basic and diluted before and after extraordinary items share against INR 36.101 million or INR 2.77 per basic and diluted share after extraordinary items for the same period of last year. Total sales/income from operations (net of excise duty) were INR 340.821 million against INR 300.101 million for the same period of last year.
For the year, the consolidated company reported profit from operations before other income, finance cost & exceptional items of INR 229.247 million against INR 205.224 million for the same period of last year. Profit from ordinary activities before tax was INR 281.466 million against INR 224.253 million for the same period of last year. Net profit for the period was INR 216.831 million or INR 16.84 per basic and diluted share before and after extraordinary items against INR 166.846 million or INR 13.21 per basic and diluted share after extraordinary items for the same period of last year. Total sales/income from operations (net of excise duty) were INR 1,195.226 million against INR 1,091.669 million for the same period of last year.
Indian Toners & Developers Limited is an India-based company, which is engaged in the business of manufacturing of toner. The Company manufactures and exportes compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers, as well as wide format printers and copiers. It also offers premium quality color toners for use in laser printers. The Company has two production units: Unit 1 and Unit 2. Unit 1 is located at Rampur, U.P. Unit 2 is located at Sitarganj, Uttarakhand. The Companyâs products include Chemical Color Toner, Laser Toner, Copier/Digital Toner, Wide Format Copier & Printer Toner, and Packaging. The Company has automated and integrated German plants and has a manufacturing capacity to produce approximately 4800 metric tons of toners per annum (MTPA). The facility at Rampur has a manufacturing capacity of 2400 metric tons of toner per annum, while the facility at Sitargunj also has a manufacturing capacity of 2400 MTPA.
Indian Toners & Developers Ltd. Announces Audited Consolidated and Standalone Financial Results for the Fourth Quarter and Full Year Ended Mar. 31, 2017