Dixon Tech rises after Q2 PAT increases by 23% YoY

21 Oct 2022 , 11:18 AM

The Consumer Electronics Division recorded revenue of Rs 1,500.7 crore (up 1% YoY), revenue of Lighting Products Division was Rs 290.4 crore (down 27% YoY), Home Appliances Division revenue was Rs 362.9 crore (up 62% YoY) and that of Mobile & EMS Division was Rs 1,594.4 crore (up 2.7x YoY) during the period under review. EBITDA improved by 31% to Rs 145.7 crore in Q2 FY23 from Rs 111 crore in Q2 FY22. EBITDA margin was 3.8% in Q2 FY23 as against 4% in Q2 FY22. Profit before tax in Q2 FY23 stood at Rs 100.2 crore, up by 25% from Rs 80.2 crore in Q2 FY22. Dixon Technologies (India) is the largest home-grown design-focused and solutions company engaged in contract manufacturing products in the consumer durables, lighting and mobile phones markets in India. Powered by Capital Market – Live News