Dixon Technologies jumps nearly 4% after beating Street estimates in December quarter

The company reported a 87 per cent jump in its consolidated profit after tax to Rs.97 crore compared to Rs 52 crore Year-on-Yea (YoY), against estimates of Rs  92 crore.

Dixon Technologies jumps nearly 4% after beating Street estimates in December quarter
Dixon Tech announced its December quarter results on Wednesday. Photo: Dixon Tech official website/Representational

Dixon Technologies Share Price: Dixon Technologies jumped over 3 per cent on BSE on Thursday (February 1, 2024) after the tech firm beat Zee Business research estimates to report good December quarter results.

The stock of the company was higher by 3.78 per cent, or Rs 226.35, at Rs 6211.70 at 11:05 am on Thursday.   

Dixon Tech Q3 Results

The company reported a 87 per cent jump in its consolidated profit after tax to Rs.97 crore compared to Rs 52 crore Year-on-Yea (YoY), against estimates of Rs  92 crore.

Its consolidated revenue from operations for the December quarter soared by 100 per cent to Rs.4818 crore compared to Rs 2405 crore YoY, against the estimates of Rs. 4503 crore.

 

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Written By: ZeeBiz WebTeam
Updated: Thu, Feb 01, 2024
11:14 AM IST
New Delhi, ZeeBiz WebDesk
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