Dixon Technologies inches up on reporting 28% rise in Q4 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Dixon Technologies (India) is currently trading at Rs. 3517.00, up by 3.05 points or 0.09% from its previous closing of Rs. 3513.95 on the BSE.
The scrip opened at Rs. 3514.00 and has touched a high and low of Rs. 3558.55 and Rs. 3478.40 respectively. So far 5261 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4670.00 on 13-Sep-2022 and a 52 week low of Rs. 2554.95 on 30-Jan-2023.
Last one week high and low of the scrip stood at Rs. 3580.50 and Rs. 2965.85 respectively. The current market cap of the company is Rs. 20929.14 crore.
The promoters holding in the company stood at 34.05%, while Institutions and Non-Institutions held 35.81% and 30.14% respectively.
Dixon Technologies (India) has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 83.53% rise in net profit at Rs 64.29 crore for the quarter under review as compared to Rs 35.03 crore for the same quarter in the previous year. Total income of the company marginally increased by 0.08% at Rs 1671.43 crore for Q4FY23 as compared to Rs 1670.08 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 27.70% rise in its net profit at Rs 80.62 crore for fourth quarter ended March 31, 2023 as compared to Rs 63.13 crore for the same quarter in the previous year. Total income of the company marginally increased by 3.81% at Rs 3067.27 crore for Q4FY23 as compared to Rs 2954.57 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 39.87% rise in its net profit at Rs 211.15 crore as compared to Rs 150.96 crore for the previous year. However, total income of the company decreased by 6.29% at Rs 7015.87 crore for year under review as compared to Rs 7487.03 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 34.02% rise in its net profit at Rs 255.08 crore as compared to Rs 190.33 crore for the previous year. Total income of the company increased by 13.99% at Rs 12197.62 crore for year under review as compared to Rs 10700.89 crore for year ended March 31, 2022.
