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17-Aug-2024

Dixon Technologies (India)

Net up 94% facilitated by higher sales that was up 101%


'Consolidated net sales (including other operating income) of Dixon Technologies (India) for the quarter ended Jun 2024 has increased 101.12% to Rs 6579.8 crore.  Operating profit margin has declined from 4.03% to 3.77%, leading to 87.99% rise in operating profit to Rs 247.90 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 90.48% to 91.91%.   Employee cost decreased from 2.06% to 1.72%.   Other expenses fell from 3.48% to 2.80%.   

Other income rose 187.02% to Rs 8.18 crore.  PBIDT rose 90.08% to Rs 256.08 crore.  Provision for interest rose 109.21% to Rs 29.29 crore.  

PBDT rose 87.86% to Rs 226.79 crore.  Provision for depreciation rose 61.70% to Rs 54.51 crore.  

Profit before tax grew 98% to Rs 172.28 crore.  Share of profit/loss was 145.54% higher at Rs 7.44 crore.  Provision for tax was expense of Rs 40.02 ...



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