Dixon Technologies (India) jumps on reporting 2- fold jump in Q1 consolidated net profit
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Dixon Technologies (India) is currently trading at Rs. 12195.00, up by 228.30 points or 1.91% from its previous closing of Rs. 11966.70 on the BSE.
The scrip opened at Rs. 12600.70 and has touched a high and low of Rs. 12699.90 and Rs. 12094.15 respectively. So far 33954 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 12877.00 on 03-Jul-2024 and a 52 week low of Rs. 4,081.55 on 02-Aug-2023.
Last one week high and low of the scrip stood at Rs. 12699.90 and Rs. 10745.00 respectively. The current market cap of the company is Rs. 72734.94 crore.
The promoters holding in the company stood at 33.24%, while Institutions and Non-Institutions held 45.41% and 21.35% respectively.
Dixon Technologies (India) has reported 41.54% fall in net profit at Rs 28.03 crore for first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 47.95 crore for the same quarter in the previous year. Total income of the company decreased by 13.55% at Rs 1311.07 crore for Q1FY25 as compared to Rs 1516.52 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 2- fold jump in its net profit at Rs 139.70 crore for the quarter ended June 30, 2024 as compared to Rs 67.19 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 6587.98 crore for Q1FY25 as compared to Rs 3274.35 crore for the corresponding quarter previous year.
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