Hot Pursuit     04-Aug-20
Dixon Tech slips after Q1 PAT tumbles 93% YoY
Dixon Technologies (India) shed 0.77% to Rs 7914.50 after the company's consolidated net profit slumped 93% to Rs 1.60 crore on a 55% decline in revenue from operations to Rs 516.94 crore in Q1 FY21 over Q1 FY20.

EBITDA fell 68% to Rs 17.10 crore in Q1 June 2020 from Rs 53.15 crore in Q1 June 2019. EBITDA margin was at 3.3% as on 30 June 2020 as against 4.6% as on 30 June 2019.

Profit before tax in the first quarter stood at Rs 2.16 crore, down by 94% from Rs 35.69 crore in the same period last year.

Tax expense decreased by 95% on a year-on-year (YoY) basis to Rs 0.56 crore in Q1 June 2020.

Dixon Technologies is a design-focused products and solutions company. The firm engages in manufacturing products in the consumer durables, lighting and mobile phones markets in India.

The stock surged 72.26% in the past three months while the benchmark S&P BSE Sensex added 18.35% during the same period.

Previous News
  Dixon Technologies (India) consolidated net profit rises 11.92% in the December 2022 quarter
 ( Results - Announcements 25-Jan-23   17:17 )
  Dixon Technologies (India) consolidated net profit rises 85.78% in the December 2023 quarter
 ( Results - Announcements 31-Jan-24   18:03 )
  Dixon Technologies (India)
 ( Results - Analysis 25-Jan-23   20:17 )
  Indices trade with modest gains; PSU bank shares decline
 ( Market Commentary - Mid-Session 31-Jul-24   14:36 )
  Dixon Technologies (India) allots 20,620 equity shares under ESOP
 ( Corporate News - 07-Dec-22   19:07 )
  Dixon Tech gains as PAT doubles to Rs 140 cr in Q1 FY25
 ( Hot Pursuit - 31-Jul-24   12:33 )
  Dixon Technologies (India) to table results
 ( Corporate News - 17-May-23   17:19 )
  Dixon Tech rises on inking pact with HKC Corp
 ( Hot Pursuit - 07-Jun-24   11:37 )
  Dixon Technologies (India) consolidated net profit rises 151.65% in the June 2022 quarter
 ( Results - Announcements 27-Jul-22   18:05 )
  Dixon Technologies (India) Ltd Falls 8.61%, S&P BSE Consumer Durables index Drops 1.53%
 ( Hot Pursuit - 20-Oct-21   09:45 )
  Dixon Technologies signs MoU with Rexxam Co.
 ( Corporate News - 10-Aug-21   10:37 )
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