Dixon Technologies Ltd, on October 26 reported a consolidated net profit of Rs 113.36 crore for the second quarter of the financial year 2023-24, up 46.99 percent from Rs 77.12 crore in the year-ago period.
The company reported an 27.83 percent YoY (year-on-year) rise in consolidated revenue from operations at Rs 4,943.18 crore against Rs 3,866.77 crore a year ago.
The company announced that during the Board meeting on 26th October 2023, Dixon Technologies (India) Limited's Employees Stock Option Plan for 2023 was approved.
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q2FY24 stood at Rs. 199 crore compared to Rs 145 crore in the year ago period. EBITDA margin stood at 4 percent as compared to 3.8 percent in Q2FY23.
On October 26, Dixon closed at Rs 5,356.05 on the National Stock Exchange, down 1.64 percent from the previous day.
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