The shares of consumer durables stock, specialized in the manufacturing of consumer electronics, home appliances, lighting products, and mobile phone accessories, in focus upon declaring Q3 results and generating profit with 123 percent rise Year on Year (YoY)
Price action
With a market capitalization of Rs. 1,05,451 crores on Tuesday, the shares of Dixon Technologies Limited is down by 12 percent making a low of Rs.15,521 per share compared to its previous closing price of Rs. 17,559.45 per share.
What Happened
Dixon Technologies Limited specialized in the manufacturing of consumer electronics, home appliances, lighting products, and mobile phone accessories, along with providing integrated design and engineering solutions, have announced their Q3FY25 results.
Its Revenue from operations grew by 117 percent YoY from Rs. 4,818.25 Crores in Q3FY24 to Rs.10,453.68 Crores in Q3FY25 and it declined by 9.36 percent QoQ from Rs. 11,534.08 Crores in Q2FY25 to Rs. 10,453.68 Crores in Q3FY25.
Its Net Profit rose by 123 percent YoY from Rs. 97.07 Crores in Q3FY24 to Rs. 216.23 Crores in Q3FY25 and it declined by 47 percent QoQ from Rs. 411.7 Crores in Q2FY25 to Rs. 216.23 Crores in Q3FY25.
The earnings per share (EPS) for the quarter stood at Rs. 36.12, compared to Rs. 68.82 in the previous quarter and Rs. 16.29 in the same quarter last year.
Key highlights – Q3 FY 24-25
In Q3 FY24-25, the company Profit Before Tax (PBT) increased by 127 percent YoY from Rs. 126 crore to Rs. 286 crore, with an PBT margin of 2.7 percent, while Profit After Tax (PAT) rose 124 percent YoY to Rs. 217 crore and EBITDA stood at Rs. 398 crore, with an EBITDA margin of 3.8 percent and the company Profit After Tax (PAT) increased by 124 percent YoY from Rs. 97 crore to Rs. 217 crore, with an PAT margin of 2.1 percent
Segment Revenue
In Q3FY25, Raghav Productivity Enhancers Ltd saw a 190 percent YoY rise in Mobile and EMS division revenue to Rs. 9,305 Crores. The Consumer Electronics & Appliances segment dropped 32 percent to Rs. 633 Crores, while the Home Appliances and Lighting Products segments grew 9 percent and 7 percent, reaching Rs. 315 Crores and Rs. 201 Crores, respectively.
Written by Sridhar J
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