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03-Mar-2024

Dixon Technologies (India)

Net up 86% largely on higher sales and

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Consolidated net sales (including other operating income) of Dixon Technologies (India) for the quarter ended Dec 2023 has increased 100.37% to Rs 4818.25 crore.  Operating profit margin has declined from 4.62% to 3.83%, leading to 65.89% rise in operating profit to Rs 184.39 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 88.32% to 91.06%.   Employee cost decreased from 2.80% to 1.82%.   Other expenses fell from 3.99% to 3.26%.   

Other income fell 17.73% to Rs 2.32 crore.  PBIDT rose 63.82% to Rs 186.71 crore.  Provision for interest rose 46.34% to Rs 22.2 crore.  

PBDT rose 66.51% to Rs 164.51 crore.  Provision for depreciation rose 40.30% to Rs 40.7 crore.  

Profit before tax grew 77.40% to Rs 123.81 crore.  Share of profit/loss was 179.71% higher at Rs 1.93 crore.  Provision for tax was expense of R...



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