Dixon Technologies on Thursday reported a 263 percent rise in in its consolidated net profit at Rs 412 crore in September 2024 quarter. It had reported a net profit of Rs 113 crore during the July-September period of preceding 2023-24 fiscal, the company said in an exchange filing.
The revenue from operations increased to Rs 11,534.08 crore in the current fiscal of the September quarter. The same was reported at Rs 4943.18 crore in the same quarter a year ago, a rise of 133.3 percent.
The total income of the company increased to Rs 11,528.35 crore in the reporting period from Rs 4,943.9 crore a year ago.
Earnings before interest, tax, depreciation and amortization (EBIDTA) came in at Rs 420 crore, up 110 percent year-on-year.
Shares of Dixon Tech traded under pressure in Thursday's trade to settle 1.57 percent lower at Rs 15,044.95 per share on the NSE.
(This is a developing story and will be updated soon.)
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