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25-Oct-2024

Dixon Technologies (India)

Net jumps 263% on higher sales and higher EO income


'Consolidated net sales (including other operating income) of Dixon Technologies (India) has increased 133.33% to Rs 11534.08 crore.  Operating profit margin has declined from 4.02% to 3.70%, leading to 114.35% rise in operating profit to Rs 426.37 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 90.62% to 92.47%.   Employee cost decreased from 1.88% to 1.28%.   Other expenses fell from 3.56% to 2.58%.   

PBIDT rose 110.71% to Rs 420.64 crore.  Provision for interest rose 121.55% to Rs 37.93 crore.   

PBDT rose 109.69% to Rs 382.71 crore.  Provision for depreciation rose 81.12% to Rs 66 crore.   

Profit before tax grew 116.82% to Rs 316.71 crore.  Share of profit/loss was 5.26% higher at Rs 2.6 crore.  Provision for tax was expense of Rs 117.22 crore, compared to Rs 35.18 crore.  Effective tax rate was 22.16% com...



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