Dixon Technologies (India) moves up on reporting 21% rise in Q4 consolidated net profit
Dixon Technologies (India) is currently trading at Rs. 8150.00, up by 53.10 points or 0.66% from its previous closing of Rs. 8096.90 on the BSE.
The scrip opened at Rs. 7950.05 and has touched a high and low of Rs. 8253.00 and Rs. 7950.05 respectively. So far 9531 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8656.65 on 29-Apr-2024 and a 52 week low of Rs. 2,915.60 on 17-May-2023.
Last one week high and low of the scrip stood at Rs. 8486.95 and Rs. 7935.00 respectively. The current market cap of the company is Rs. 48436.95 crore.
The promoters holding in the company stood at 33.44%, while Institutions and Non-Institutions held 44.85% and 21.71% respectively.
Dixon Technologies (India) has reported 32.43% fall in its net profit at Rs 43.44 crore for the quarter ended March 31, 2024 as compared to Rs 64.29 crore for the same quarter in the previous year. Total income of the company decreased by 16.23% at Rs 1400.20 crore for Q4FY24 as compared Rs 1671.43 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 20.69% rise in its net profit at Rs 97.30 crore for fourth quarter ended March 31, 2024 as compared to Rs 80.62 crore for the same quarter in the previous year. Total income of the company increased by 52.40% at Rs 4674.65 crore for Q4FY24 as compared Rs 3067.27 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 12.07% fall in its net profit at Rs 185.66 crore as compared to Rs 211.15 crore for the previous year. Total income of the company decreased by 8.08% at Rs 6448.69 crore for year under review as compared to Rs 7015.87 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 46.98% rise in its net profit at Rs 374.92 crore as compared to Rs 255.08 crore for the previous year. Total income of the company increased by 45.22% at Rs 17713.46 crore for year under review as compared to Rs 12197.62 crore for year ended March 31, 2023.