New Delhi, Oct. 17 -- EMS major Dixon Technologies announced its September quarter results (Q2FY26) on October 17, post-market hours, reporting an 81% jump in consolidated net profit to Rs.746 crore, up from Rs.412 crore in the same period last year.
The sharp rise in net profit was largely driven by other income of Rs.496 crore, including Rs.465 crore from the sale of the company's stake in Aditya Infotech Ltd and a Rs.28 crore gain from the transfer of its lighting business undertaking.
Adjusted for these one-time gains, the company's net profit stood at Rs.323 crore. On the top line, adjusted revenue from operations came in at Rs.14,858 crore, which is a 29% YoY growth. Operating profit improved 34% YoY to Rs.564 crore, with margins ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.