Dixon Technologies Q3 PAT seen up 82.6% YoY to Rs 84.7 cr: Nirmal Bang

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Nirmal Bang has come out with its third quarter (October-December’ 23) earnings estimates for the CONSUMER DURABLES sector. The brokerage house expects Dixon Technologies to report net profit at Rs 84.7 crore up 82.6% year-on-year (up 9.6% quarter-on-quarter).

Net Sales are expected to increase by 30 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs 3,995.2 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 55.2 percent Y-o-Y (up 10.1 percent Q-o-Q) to Rs 159.8 crore.

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