Hot Pursuit     24-May-23
Dixon Tech spurts after Q4 PAT rises 28% YoY to Rs 81 cr
Dixon Technologies (India) surged 6.80% to Rs 3,498.60 after the company's consolidated net profit jumped 28% to Rs 80.63 crore on 3.8% rise in revenue from operations to Rs 3,065.45 crore in Q4 FY23 over Q4 FY22.

Profit before tax in Q4 FY23 was at Rs 112.09 crore, up 29% from Rs 86.89 crore posted in Q4 FY22.

EBITDA jumped 32% year on year to Rs 158.11 crore in the quarter ended March 2023. EBITDA margin improved to 5.2% in Q4 FY23 as compared to 4.1% reported in the same period last year.

The company' s revenue from Consumer Electronics was at Rs 981 crore (down 3% YoY) and Lighting Products revenue stood at Rs 270 crore (down 11% YoY), Meanwhile, revenue from Home Appliances was at Rs 281 crore (up 20% YoY), Mobile & EMS division revenue was at Rs 1,410 crore (up 9% YoY) and revenue from Security Systems stood at Rs 124 crore (up 13% YoY).

On full year basis, the company's consolidated net profit surged 34.4% to Rs 255.52 crore on 14% rise in revenue to Rs 12,192.01 crore in FY23 over FY2.

Meanwhile, the company's board has recommended a final dividend of Rs 3 per equity share for FY23. The dividend, if approved by the members at the ensuing 30th AGM, will be credited/ dispatched within 30 days from the date of AGM.

Dixon Technologies (India) transformed from being a manufacturer of electronic goods to leading multi-product corporation with widespread activities. The company is primarily engaged in the manufacturing of electronics as its core business activity.

Previous News
  Dixon Technologies (India)
 ( Results - Analysis 06-Nov-22   19:40 )
  Dixon Technologies (India)
 ( Results - Analysis 03-Mar-24   16:50 )
  Dixon Technologies (India) consolidated net profit rises 18.02% in the March 2024 quarter
 ( Results - Announcements 15-May-24   16:45 )
  Dixon Technologies (India) fixes record date for final dividend
 ( Market Beat - Reports 06-Sep-23   09:06 )
  Dixon Technologies (India) to convene board meeting
 ( Corporate News - 21-Jul-21   10:39 )
  Dixon Technologies (India) consolidated net profit rises 66.85% in the March 2020 quarter
 ( Results - Announcements 11-Jun-20   15:50 )
  Dixon Technologies (India) to declare Quarterly Result
 ( Corporate News - 23-Oct-21   16:22 )
  Dixon Technologies (India) appoints CFO
 ( Corporate News - 05-May-18   16:06 )
  Board of Dixon Technologies (India) recommends Final Dividend
 ( Corporate News - 15-May-24   16:20 )
  Board of Dixon Technologies (India) recommends final dividend
 ( Corporate News - 31-May-18   10:14 )
  Volumes jump at ICRA Ltd counter
 ( Hot Pursuit - 18-Mar-21   14:30 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top