Hot Pursuit     21-Oct-22
Dixon Tech rises after Q2 PAT increases by 23% YoY
Dixon Technologies (India) added 2.50% to Rs 4403.50 after the company reported 23% increase in consolidated net profit to Rs 77.1 crore on a 38% rise in income to Rs 3,866.8 crore in Q2 FY23 over Q2 FY22.

The Consumer Electronics Division recorded revenue of Rs 1,500.7 crore (up 1% YoY), revenue of Lighting Products Division was Rs 290.4 crore (down 27% YoY), Home Appliances Division revenue was Rs 362.9 crore (up 62% YoY) and that of Mobile & EMS Division was Rs 1,594.4 crore (up 2.7x YoY) during the period under review.

EBITDA improved by 31% to Rs 145.7 crore in Q2 FY23 from Rs 111 crore in Q2 FY22. EBITDA margin was 3.8% in Q2 FY23 as against 4% in Q2 FY22.

Profit before tax in Q2 FY23 stood at Rs 100.2 crore, up by 25% from Rs 80.2 crore in Q2 FY22.

Dixon Technologies (India) is the largest home-grown design-focused and solutions company engaged in contract manufacturing products in the consumer durables, lighting and mobile phones markets in India.

Previous News
  Dixon Technologies (India) standalone net profit rises 901.10% in the June 2021 quarter
 ( Results - Announcements 27-Jul-21   17:48 )
  Dixon Technologies (India) consolidated net profit rises 1035.00% in the June 2021 quarter
 ( Results - Announcements 27-Jul-21   17:54 )
  Dixon Technologies (India) consolidated net profit rises 18.02% in the March 2024 quarter
 ( Results - Announcements 15-May-24   16:45 )
  Dixon Technologies (India) to table results
 ( Corporate News - 21-Jan-22   11:11 )
  Dixon Technologies (India) to declare Quarterly Result
 ( Corporate News - 23-Oct-21   16:22 )
  Dixon Technologies allots 8,400 equity shares under ESOP
 ( Corporate News - 20-Feb-24   16:47 )
  Board of Dixon Technologies (India) recommends Final Dividend
 ( Corporate News - 15-May-24   16:20 )
  Dixon Technologies (India) Ltd Slides 1.2%
 ( Hot Pursuit - 12-Jun-23   09:45 )
  Dixon Technologies (India) to announce Quarterly Result
 ( Corporate News - 14-Jan-21   16:05 )
  Dixon Tech gets Govt approval under PLI scheme for hardware manufacturing
 ( Hot Pursuit - 03-Jul-21   15:28 )
  Board of Dixon Technologies (India) to consider sub-division of shares
 ( Corporate News - 14-Jan-21   15:30 )
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