Notification
No new Notification messages
Zinka Logistics Solutions IPO is Open!
Apply for the Zinka Logistics Solutions IPO through UPI in just minutes.
Q2 FY'24-25 Results of Top Companies
Reliance, TCS, HDFC Bank & more: Explore key financial highlights from India's top quarterly results.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Dixon Technologies Q2 Results FY24-25 Highlights: 133% Revenue Growth and 265% PAT Surge

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

Dixon Technologies (India) Ltd. reported a 133% year-on-year revenue growth for Q2 FY24-25, reaching ₹11,528 crore. The company's PAT surged by 265% to ₹412 crore, and EBITDA rose by 110% to ₹420 crore. Consolidated performance reflects a robust business outlook.

Key Highlights:

  • Total Income: ₹11,528 crore, up 133% YoY
  • EBITDA: ₹420 crore, 110% YoY growth
  • EBITDA Margin: 3.6%
  • PAT: ₹412 crore, 265% YoY growth

DIXON TECHNO (INDIA) LTD

Trade

14719.95-288.20 (-1.92 %)

Updated - 13 November 2024
15050.00day high
DAY HIGH
14540.00day low
DAY LOW
518378
VOLUME (BSE)

Quarterly Results Overview – Dixon Technologies Q2 FY24-25

For Q2 FY24-25, Dixon Technologies posted remarkable growth, with total income standing at ₹11,528 crore, reflecting a substantial 133% increase year-on-year. This significant surge was driven by Dixon’s diverse business operations in the electronics manufacturing services (EMS) sector.

Particulars

Q2 FY24-25 (₹ Cr)

Q2 FY23-24 (₹ Cr)

% Change YoY

Total Income

11,528

4,943

133%

EBITDA

420

200

110%

EBITDA Margin

3.6%

4.0%

-40 bps

PAT

412

113

265%

PAT Margin

3.6%

2.3%

130 bps

EPS (Basic)

₹42.93

₹9.61

347%

EPS (Diluted)

₹42.49

₹9.58

344%

The EBITDA for the quarter stood at ₹420 crore, recording a 110% YoY growth, while PAT rose by an astounding 265% to ₹412 crore.

Segment Highlights:

  • Mobile & EMS Division: The largest contributor, accounting for 82% of the total revenue. The division's revenue grew with operating profit contribution increasing to 73%.
  • Consumer Electronics & Appliances (LED TV & Refrigerator): Revenue in this segment saw a slight dip of 2% YoY, yet Dixon managed to maintain profitability through operational efficiencies.
  • Lighting Products: This segment delivered stable growth, with a 14% YoY increase in revenue for H1 FY25.

Sector Expectations for Dixon Technologies Q2 Results FY24-25:

Dixon Technologies' Q2 FY24-25 performance aligns with industry trends, with the electronics manufacturing sector showing consistent demand. The results reflect the broader industry movement, with stable growth across key segments, maintaining industry benchmarks.

Management Commentary:

Dixon Technologies' management emphasized the strategic importance of expanding its EMS division, which has been the key driver of growth. Looking forward, the company aims to further expand its product portfolio, while maintaining high levels of operational efficiency.

Check out Dixon Technologies' past performances in previous quarters and financial years.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs + Users

icon-with-text

4.8+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5000+ Cr MTF Book

icon-with-text