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Dixon Tech soars after stellar Q4 performance

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Capital Market
Last Updated : May 30 2022 | 4:19 PM IST

Dixon Technologies (India) surged 12.08% to Rs 3836 after the company's consolidated net profit jumped 43% to Rs 63.13 crore on a 40% rise in revenues from operations to Rs 2,952.75 crore in Q4 FY22 over Q4 FY21.

Total expenses increased by 39.9% to Rs 2,867.62 crore in Q4 FY22 as compared with same period last year.

EBIDTA during the quarter improved by 49% YoY to Rs 120.02 crore. EBIDTA margin in Q4 FY22 was 4.1% as against 3.8% in Q4 FY21.

Profit before tax in Q4 FY22 stood at Rs 86.89 crore, which is higher by 42% as compared with Rs 61.37 the same period last year.

The company recorded 19% rise in consolidated net profit to Rs 190.33 crore on a 66% increase in revenues from operations to Rs 10,697.08 crore in FY22 over FY21.

Net cash generated from operating activities was Rs 272.76 crore in the year ended on 31 March 2022 as against Rs 170.11 crore in the year ended on 31 March 2021.

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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.

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First Published: May 30 2022 | 3:18 PM IST

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