In the quarter, total revenue stood at ₹4,943.2 crore during the period under review, up 27.8% against ₹3,867 crore in the corresponding period of the preceding fiscal. The poll had predicted revenue of ₹4,529 crore for the quarter under review.
EBITDA margin stood at 4% in the reporting quarter as compared to 3.8% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation. The CNBC-TV18 poll had predicted a margin of 4% for the quarter under review.
Dixon’s revenue from consumer electronics fell 4 percent to ₹1,440 crore in Q2FY24. Similarly, revenue from Lighting Products declined 38 percent to ₹181 crore.
Revenue from home appliances was flat at ₹364 crore. However, its revenue from the Mobile & EMS Division jumped 77 percent to ₹2,819 crore in the September quarter.
(Edited by : Ajay Vaishnav)
First Published: Oct 26, 2023 5:10 PM IST