ITDL sees revenue rise, but net income and EPS decline.
Indian Toners & Developers Limited (ITDL), a prominent player in the international toner industry, has released its audited financial results for the year ending March 31, 2024.
The company reported a slight increase in total revenue to INR 1,629.77 million (€18.50 million/ $20.16 million) from INR 1,590.14 million (€18.06 million/ $19.67 million) the previous year. Net income saw a slight decline to INR 261.4 million (€2.97 million/ $3.23 million) from INR 263.14 million (€2.99 million/ $3.25 million).
The basic and diluted earnings per share from continuing operations also experienced a minor decrease, standing at INR 24.09 (€0.27/ $0.30) compared to INR 24.25 (€0.28 / $0.30) last year.
Indian Toners & Developers Limited (ITDL) is a company engaged in the manufacturing of toners for photocopiers, laser printers, digital printers, and multifunction printers. Established in 1990 and headquartered in New Delhi, India, ITDL is recognised as a government export house. The company operates two manufacturing units located in Rampur, Uttar Pradesh, and Sitarganj, Uttarakhand. ITDL is listed on the Bombay Stock Exchange (BSE) under the code 523586.