Indian Toners & Developers Reports Mixed Q2 Results, Declares Rs 6 Interim Dividend

Indian Toners & Developers Ltd , a key player in the toner manufacturing industry, has released its financial results for the second quarter and half-year ended September 30, 2025, showcasing a mixed performance with growth in revenue but a slight dip in quarterly profits.

Financial Highlights

Particulars (Rs in Lakh)	Q2 FY2026	Q2 FY2025	YoY Change	H1 FY2026	H1 FY2025	YoY Change
Revenue from Operations	3885.49	3767.90	+3.12%	7795.75	7299.48	+6.80%
Net Profit	538.45	550.59	-2.20%	1322.51	931.72	+41.94%
EPS (Rs)	5.18	5.07	+2.17%	12.73	8.59	+48.20%

Key Takeaways

Revenue Growth: The company's total revenue from operations for Q2 FY2026 increased to Rs 3885.49 lakh, up 3.12% from Rs 3767.90 lakh in the same quarter last year.
Profit Performance: Despite the revenue growth, net profit for Q2 FY2026 slightly decreased to Rs 538.45 lakh, compared to Rs 550.59 lakh in Q2 FY2025, marking a 2.20% decline.
Half-Year Performance: For the half-year period, Indian Toners & Developers showed significant improvement, with net profit rising to Rs 1322.51 lakh from Rs 931.72 lakh in the previous year, representing a 41.94% increase.
Earnings Per Share: The company's EPS for the quarter stood at Rs 5.18, slightly higher than Rs 5.07 in the same quarter last year.

Dividend Declaration

The Board of Directors has declared an interim dividend of Rs 6.00 per equity share for the financial year 2025-26. The record date for dividend eligibility is set for November 14, 2025, with the payment expected to be made on or before December 9, 2025.

New Business Venture

Indian Toners & Developers has approved a proposal to commence a new business project. This venture will focus on trading, assembling, and manufacturing stationery items, marking the company's entry into a new market segment. This diversification move aims to expand business operations and explore new growth opportunities.

Market Implications

While the quarterly profit showed a marginal decline, the substantial half-yearly growth and the announcement of a significant interim dividend may impact investor sentiment. The company's venture into the stationery sector could potentially open up new revenue streams, although its impact on the company's financials remains to be seen in the coming quarters.

Investors and market analysts will likely monitor how Indian Toners & Developers balances its core toner business with this new stationery venture, and how it might affect the company's overall growth trajectory and profitability in the medium to long term.

As the company navigates through these strategic changes and market conditions, stakeholders will be keen to see how these initiatives translate into financial performance and shareholder value in the upcoming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.40%	-1.20%	-0.97%	-0.11%	-9.50%	+106.56%

Indian Toners & Developers Ltd. (ITDL) has made significant announcements following its board meeting on November 10, 2025, including an interim dividend and plans for business expansion.

Interim Dividend Declaration

The company's board has declared an interim dividend of Rs. 6 per equity share for the fiscal year 2025-26. This dividend will be paid to shareholders whose names appear in the company's register on the record date of November 14, 2025. Investors can expect the dividend payment to be processed on or before December 9, 2025.

Financial Performance

ITDL's financial results for the quarter and half-year ended September 30, 2025, showcase the following performance:

Particulars (Rs. in Lakh)	Q2 FY2026	H1 FY2026	Q2 FY2025	YoY Change (Q2)
Total Revenue	4,009.69	8,077.95	3,955.88	1.36%
Net Profit	538.45	1,322.51	550.59	-2.20%
EPS (Basic & Diluted)	5.18	12.73	5.07	2.17%

The company's total revenue for Q2 FY2026 showed a slight increase of 1.36% compared to the same quarter last year. While the net profit for the quarter decreased marginally by 2.20%, the half-yearly profit reached Rs. 1,322.51 lakh.

New Business Venture

In a strategic move to diversify its operations, ITDL's board has approved a new business project. The company plans to enter the stationery sector, encompassing trading, assembling, and manufacturing of stationery items. This initiative is described as a "seed project" aimed at expanding business operations and exploring new market opportunities.

Market Implications

The announcement of the interim dividend and the new business venture may impact investor sentiment. The dividend declaration could be seen as an indication of the company's cash flow and commitment to shareholder returns.

The expansion into the stationery business represents a diversification from ITDL's core toner manufacturing operations. This move could potentially open up new revenue streams for the company, although it may also present challenges as ITDL navigates a new market segment.

Investors and market analysts will likely be watching closely to see how this new venture unfolds and its potential impact on the company's future financial performance and market position.

As Indian Toners & Developers embarks on this new chapter, stakeholders will be keen to see how the company leverages its existing strengths in manufacturing and distribution to establish a foothold in the stationery market.