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DIXON Diversified 31 Jan 2024

Dixon Technologies (India) Limited — Q3 FY24

Dixon Technologies reported a stellar Q3 FY24 with consolidated revenue surging 100% YoY to INR 4,821 crore, driven by a 251% YoY jump in mobile & EMS revenue to INR 3,214 crore.

bullish high
Compare with...
Revenue ₹4,821 Cr +100%
EBITDA ₹187 Cr +64%
PAT ₹97 Cr +87%
EBITDA Margin 3.88% -84bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q1 FY24

Mobile phone volumes to scale significantly in H2

Motorola volumes expected to increase to 2 million per quarter from Q3, and Itel/Xiaomi production to ramp up from September.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q1 FY24

Refrigerator commercial production in Q3 FY24

New 1.2 million unit capacity refrigerator plant in Greater Noida to start commercial production in October-December quarter.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1