Hot Pursuit     26-Oct-23
Dixon Technologies (India) Q2 PAT jumps 47% YoY
The company's consolidated net profit rose 47% to Rs 113 crore on 28% decline in net sales to Rs 4,943 crore in Q2 September 2023 over Q2 September 2022.

Profit before tax stood at Rs 149 crore in the Q2FY24, up 48% YoY and down 65% QoQ.

EBITDA rose 37% YoY to Rs 200 crore in Q2 September 2023. EBITDA margin stood at 4% in Q2 September 2023 as against 3.8% in Q2 September 2022.

Total expenses rose 27.38% to Rs 4797.83 crore in Q2 FY24 over Q2 FY23. During the quarter, cost of materials consumed stood at Rs 4579.65 crore (up 30.60% YoY) while employee benefits expense was at Rs 95.25 crore (up 35.63% YoY).

Net cash flow from operating activities stood at Rs 151.65 crore as on 30 September 2023, lower than Rs 234.31 crore as on 30 September 2022.

Dixon Technologies (India) has been leading the electronic manufacturing services (EMS) space in India.

The stock fell 1.92% to Rs 5341.10 today, 26 October 2023.

Previous News
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 ( Corporate News - 24-Jul-24   09:47 )
  Dixon Technologies (India) Limited (erstwhile Dixon Technologies (India) Private Limited): [ICRA]A1+ assigned for enhanced amount
 ( Press Releases - 17-Mar-21   13:39 )
  Volumes soar at Dixon Technologies (India) Ltd counter
 ( Hot Pursuit - 18-Mar-21   11:00 )
  Dixon Technologies (India) standalone net profit rises 37.24% in the September 2017 quarter
 ( Results - Announcements 15-Nov-17   17:04 )
  Dixon Technologies (India) Ltd Spikes 6.86%, S&P BSE Consumer Durables index Rises 1.83%
 ( Hot Pursuit - 18-Mar-21   09:30 )
  Dixon Technologies (India) consolidated net profit declines 20.63% in the September 2018 quarter
 ( Results - Announcements 01-Nov-18   12:18 )
  Dixon Technologies (India) gets reaffirmation in credit ratings
 ( Corporate News - 03-Oct-19   18:37 )
  Board of Dixon Technologies (India) appoints director
 ( Corporate News - 03-Feb-21   09:55 )
  Dixon Technologies (India) declare Quarterly Result
 ( Corporate News - 09-May-24   10:59 )
  Dixon Tech spurts after Q4 PAT rises 28% YoY to Rs 81 cr
 ( Hot Pursuit - 24-May-23   10:26 )
  Dixon Technologies incorporates WoS - Dixon Infocom
 ( Corporate News - 02-Nov-23   19:31 )
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