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.)
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
