Latest news with #DixonTechnologies'
&w=3840&q=100)
Business Standard
21-05-2025
- Business
- Business Standard
Dixon Technologies share slips 8% post Q4 as investors flock to book profit
Dixon Technologies share price: Dixon Technologies share price dropped up to 7.81 per cent to hit an intraday low of ₹15,272.25 per share on Wednesday, May 21, 2025. However, at 11:29 AM, Dixon Technologies shares were trading 5.03 per cent at ₹15,733.40. In comparison, BSE Sensex was trading 0.75 per cent higher at 81,796.11 level. Catch Stock Market Updates Today LIVE Why did Dixon Technologies share fall despite strong Q4 results? Dixon Technologies share price dropped as investors flocked to book profit after the company posted a strong set of numbers in the March quarter of financial year 2025 (Q4FY25). The company profit after tax (PAT) skyrocketed 379 per cent year-on-year (Y-o-Y) to ₹465 crore, while profit before tax (PBT) climbed 343 per cent annually to ₹576 crore. Dixon Technologies' revenue from operations zoomed 120 per cent Y-o-Y to ₹10,304 crore. Dixon Technologies dividend Dixon Technologies board of directors has recommended a final dividend of ₹8 per equity Share of the face value of ₹2 each, out of the profits of the company for FY25. The dividend, if approved by the members of the Company at the ensuing 32nd Annual General Meeting (AGM), will be credited/ dispatched within 30 days from the date of AGM. About Dixon Technologies Dixon Technologies is an electronic manufacturing services (EMS) company offering end-to-end solutions including design, manufacturing, testing, and packaging. It serves a wide range of sectors such as consumer electronics, home appliances, LED lighting, mobile phones, security devices, and medical electronics. ALSO READ | Dixon Technologies also provides reverse logistics services like repair and refurbishment, especially for products such as LED TVs, set-top boxes, and mobile phones. Founded in 1993, Dixon Technologies has grown into a key player in the EMS industry by partnering with leading global and domestic brands. Its strong backward integration, cost-effective operations, and client-focused approach have driven consistent growth. Notably, Dixon has emerged as a major mobile phone manufacturer in India, producing for brands like Motorola, Xiaomi, and Oppo.
&w=3840&q=100)
Business Standard
21-05-2025
- Business
- Business Standard
Stocks to Watch, May 21: Dixon Tech, KPR Mills, JK Tyre, Torrent Pharma
Stocks to Watch Today, Wednesday, May 21, 2025: Indian stock markets may see a muted start on Wednesday after a sharp selling on Tuesday, triggered by massive FII selling worth over ₹10,000 crore. That apart, the fourth quarter results (Q4FY25), developments in the US-India trade deal, FII activity, and global mood will influence the markets today. At 7:50 AM, GIFT Nifty futures were quoting 24 points higher at 24,799 levels. In Asia, trend was mixed with Japan's Nikkei 225 down 0.23 per cent on weak exports for a second straight month. South Korea's Kospi, meanwhile, climbed 0.58 per cent, and Australia's benchmark S&P/ASX 200 climbed 0.43 per cent. Here is a list of stocks to watch today: Q4 results today: Astral, Colgate Palmolive (India), Cupid, Gallantt Ispat, GMM Pfaudler, Gokaldas Exports, Gulf Oil Lubricants India, H.G. Infra Engineering, InterGlobe Aviation, Indusind Bank, Ircon International, Mankind Pharma, Motisons Jewellers, National Aluminium Company, NTPC Green Energy, Oil India, Oil and Natural Gas Corporation, Power Finance Corporation, Prince Pipes and Fittings, Protean eGov Technologies, Rupa & Company, Rail Vikas Nigam, Star Cement, Stove Kraft, TeamLease Services, Trident, UNO Minda, Vaibhav Global, VRL Logistics, and VA Tech Wabag will report their Q4 results today, May 21, 2025. Dixon Technologies share price: Dixon Technologies' March 2025 quarter (Q4FY25) saw a sharp uptick in net profit, driven by a one-time exceptional gain. The company reported a net profit of ₹465 crore, up from ₹97 crore year-on-year (Y-o-Y). The profit include an exceptional gain of ₹250.4 crore. Operationally, Dixon Technologies' revenue soared 121 per cent Y-o-Y to ₹10,292.5 crore, Ebitda leaped 143 per cent to ₹442.8 crore, and Ebitda margin expanded Y-o-Y to 4.3 per cent. JK Tyre share price: Tyre firm J K Tyre and Industries witnessed a 43-per cent Y-o-Y slide in Q4FY25 net profit at ₹97 crore. Further, while Q4 revenue increased 1.6 per cent on year to ₹3,758.6 crore, Ebitda shrank nearly 25 per cent to ₹363 crore. JK Tyre's Q4FY25 Ebitda margin contracted to 9.7 per cent from 13 per cent seen last year amid rising raw material costs. NHPC share price: NHPC Q4 consolidated net profit rose to ₹919.63 crore, compared to ₹605-crore profit reported in Q4FY24. Revenue from operations, too, climbed to ₹2,346.97 crore, up from ₹1,886.94 crore Y-o-Y. The Board has recommended a final dividend of ₹0.51 per share of face value of ₹10 per share for FY25. Whirlpool of India share price: The consumer durable company's Q4FY25 net profit jumped 53 per cent Y-o-Y to ₹119.2 crore, while the revenue from operations rose over 15 per cent to ₹2,004.7 crore. Other Q4 result reactions: Themis Medicare, Laxmi Organic Industries, EIH, Talbros Engineering, Religare Enterprises, Pearl Global Industries, 63 Moons Tech, Kamat Hotels (India), United Spirits, Emami Paper Mills, Aster DM Healthcare, Godawari Power & Ispat, and Gujarat State Fertilisers and Chemicals. KPR Mills share price: KPR Mills shares will be on investors' radar today amid reports of a huge block deal today. According to reports, company promoters -- KP Ramasamy, KPD Sigamani, and P Nataraj -- may sell up to 3.2 per cent stake in the company via block deals on May 21. Further, the reports peg the KPR Mills' block deal offer size at ₹1,195.6 crore, with a floor price of ₹1,107 per share. The floor price is 10 per cent lower than the company's current market price. Ircon International share price: Ircon International informed the stock exchanges on Tuesday that it has won work orders from South Western Railway of the Indian the project, Ircon International will survey, design, supply, install, test, and commission KAVACH equipment and other associated works over 778 RKM of Bengaluru and Mysuru Divisions of South Western Railway. The project is worth ₹253.56 crore, and is expected to be completed within 18 months from the issuance of the letter of award. Bajaj Finserv share price: The Competition Commission of India (CCI), on Tuesday, approved Bajaj Group's merger plan, involving Bajaj Allianz. The competition watchdog has approved the proposed 26-per cent stake purchase in Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE. The deal is worth ₹24,180 crore. State Bank of India (SBI) share price: SBI's Executive Committee of the Central Board has okayed a long-term fundraising plan of up to $3 billion for the financial year 2025–26 (FY26). Torrent Pharma share price: The Board of Directors of Torrent Pharma has approved the fundraising plan, involving issuance of equity shares including Convertible Bonds / Debentures through Qualified Institutional Placement (QIP), to raise up to ₹5,000 crore. Further, the company has appointed Aman Mehta, currently whole-time director, as the managing director of the company with effect from August 1. As for Q4FY25 results, Torrent Pharma reported an 11-per cent Y-o-Y rise in consolidated net profit at ₹498 crore. The company distributed an interim dividend of ₹26 per equity share announced during the year. Additionally, the board (subject to shareholder approval) has recommended a final dividend of Rs 6 per share. Nazara Technologies share price:
Mint
20-05-2025
- Business
- Mint
Dixon Technologies Q4 Results: Profit surges 379% YoY to ₹465 crore; dividend of ₹8 declared. Check details here
Dixon Technologies Q4 Results: Consumer electronics manufacturer Dixon Technologies on Tuesday, May 20, posted stellar numbers for the fourth quarter of the financial year 2024-25, ending March 31, recording multifold growth in profit after tax and revenue. The company's consolidated profit after tax surged 379% year-on-year (YoY) to ₹ 465 crore in Q4 FY25, compared with ₹ 97 crore in the corresponding quarter in FY24. Total income for the quarter under review came in at ₹ 10,304 crore, recording a 120% growth over ₹ 4,675 crore posted in the same period a year ago. On the operating front, earnings before interest, tax, depreciation and amortisation or EBITDA jumped 128% YoY to ₹ 454 crore in Q4 FY25. For the full financial year, Dixon Technologies' PAT jumped 229% YoY to ₹ 1,233 crore while the revenue from operations grew 119% YoY to ₹ 38,880 crore. Along with the earnings, Dixon Technologies' board also approved the final dividend of ₹ 8 apiece (at 400% considering the face value of ₹ 2) for the financial year 2024-25, subject to approval by the shareholders of the company. "… recommendation of Final dividend on the Equity Shares of the Company for the Financial year 2024-25 at the rate of ₹ 8/- per Equity Share of the face value of ₹ 2/- each, out of the profits of the Company. The dividend, if approved by the members of the Company at the ensuing 32nd Annual General Meeting ("AGM"), will be credited/ dispatched within 30 days from the date of AGM," said Dixon Tech in an exchange filing today. In the past 12 months, Dixon Technologies (India) has declared an equity dividend amounting to ₹ 5 per share, resulting in a dividend yield of 0.03%. Dixon Technologies share price settled the day at ₹ 16,566.90 apiece on the BSE, down 0.07%.
New Indian Express
10-05-2025
- Business
- New Indian Express
Dixon to manufacture Alcatel smartphones in India
Dixon Technologies' wholly-owned subsidiary, Padget Electronics, has signed a Contract Manufacturing Agreement with NxtCell India to produce smartphones for the Alcatel brand under the 'Make in India' initiative. 'We are delighted to announce that Padget Electronics has entered into a Contract Manufacturing Agreement with NxtCell India to manufacture smartphones for the iconic brand Alcatel. This strategic association with NxtCell India will further strengthen our manufacturing excellence and execution capabilities,' said Atul B Lall, vice cairman & managing drector of Dixon Technologies (India) Limited. Dixon Technologies is India's largest home-grown, design-focused electronics manufacturer, catering to the consumer durables, lighting, and mobile phone segments. The company has been actively expanding its partnerships. On April 30, 2025, Dixon announced a joint venture with Taiwanese IT hardware major Inventec to form Dixon IT Devices Private Limited (60% Dixon, 40% Inventec), focused on manufacturing notebook and desktop PCs, servers, and components. Also in April, Dixon entered a 50:50 joint venture with lighting company Signify (formerly Philips Lighting) to manufacture LED bulbs, downlights, spots, and battens. In 2024, Padget Electronics began manufacturing HP laptops, desktops, and all-in-one PCs at its facility in Tamil Nadu. Stock Performance As of May 10, 2025, Dixon Technologies' share price stood at ₹15,190, reflecting a 2.79% decline from the previous close. Over the past week, the stock has experienced a downward trend, influenced by broader market volatility and geopolitical tensions in the region. However, over the past one year, Dixon Technologies' shares have gained over 81% backed by strong financial performance. In the first 9-month of FY25, the company posted a 120% growth in revenue to Rs 28,600 crore, and 155% growth in net profit to Rs 696 crore.
