Dixon Technologies Q4 net profit up 60% to ₹44 crore; revenue up two-fold to ₹2,110 crore - News Summed Up

Dixon Technologies Q4 net profit up 60% to ₹44 crore; revenue up two-fold to ₹2,110 crore


NEW DELHI : Dixon Technologies on Thursday reported a 60.48 per cent increase in consolidated net profit at ₹44.26 crore for the fourth quarter ended March 2021, helped by increase in revenue. The leading electronic manufacturing services (EMS) company had posted a net profit of ₹27.58 crore in the January-March period a year ago, it said in a BSE filing. Revenue from operations jumped over two-fold to ₹2,109.71 crore as against ₹857.41 crore in the corresponding quarter last fiscal. For the fiscal year 2020-21, Dixon Technologies reported an increase of 32.61 per cent in net profit to ₹159.80 crore. Shares of Dixon Technologies (India) Ltd settled at Rs 3,993.50 on BSE, up 2.31 per cent from the previous close.


Source: Mint May 27, 2021 17:03 UTC



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