Dixon Tech Q3 results: Company’s profit more than doubles, income also increases by 119%

dixon tech q3 results: According to the exchange filing, the company has registered an increase in profit and income on a yearly basis in the quarter ended December 2024. The company’s profit has increased to Rs 216.2 crore

Dixon Technologies announced its quarterly results after market close on Monday. According to the exchange filing, the company has registered a year-on-year increase in profit and income in the quarter ended December 2024. The company’s profit has increased to Rs 216.2 crore, which is an increase of 122.8 percent from Rs 97 crore in this quarter a year ago. The market had estimated the profit to be Rs 224 crore.

The company’s income has also seen a tremendous increase, which has increased to Rs 10,553.7 crore. A year ago in this quarter, the company had recorded an income of Rs 4,817.3 crore. This increase in the company’s income is 119 percent. The company’s EBITDA has increased from Rs 184 crore to Rs 390.6 crore year-on-year. The EBITDA margin has come down to 3.7 percent, which was 3.8 percent in this quarter a year ago.

Stock Performance

On Monday, the company’s stock closed at Rs 17,520.50 with a gain of 1.72 percent. In the last one year, the company’s stock has seen an increase of 199.30 percent.

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