Q4FY18 Result: Indian Toner & Developers posts weak numbers

Rohan Takalkar

Indian Toner & Developers posted weak results across the board with full year revenues also falling over previous corresponding quarter.

 

The revenue for the quarter declined by 15.4 per cent yoy to Rs. 27 crore in Q4FY18 vs Rs. 32 crore in Q4FY17 for the full year revenue also declined by 4.5 per cent yoy to Rs. 108.9 crore in FY18 vs Rs. 114 crore in FY17.

 

The EBITDA for the quarter also declined by 3.4 per cent yoy to Rs. 8.02 crore in Q4FY18 vs Rs. 8.3 crore in Q4FY18 and Rs. 6.3 crore in Q3FY18. However, the EBITDA margins grew by 320 bps yoy to 29.2 per cent for Q4FY18

 

The bottom-line also declined by 19 per cent yoy to Rs. 7 crore in Q4FY18 vs Rs. 9 crore in Q4FY17. This was due to doubling of finance cost to Rs. 14 lakhs vs Rs. 7 lakhs in Q4FY17.On full year basis to bottom-line grew to  24 crore in FY18 vs Rs.23 crore in FY17.

 

Post the results announcement, the stock was trading 10.17 per cent down at Rs. 216 mark on Friday.

Previous Article Ten stocks close to their 52-week low
Next Article Escorts earmarks Rs. 400 crore for foray into metro rail sector
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR