Dixon Technologies Reports Strong Q3 FY24-25 Growth Amid Debt Collection Challenges

Dixon Technologies (India) has recently reported its financial results for the third quarter of FY24-25, revealing notable growth across several key metrics. The company announced its performance on January 20, 2025, highlighting a significant rise in net sales, which reached Rs 10,453.68 crore, reflecting a year-on-year growth of 116.96%. This increase underscores robust demand for Dixon's products and a favorable sales environment.
The Profit Before Tax (PBT) also demonstrated a strong upward trend, amounting to Rs 278.63 crore, which represents a year-on-year increase of 125.76%. Similarly, the Profit After Tax (PAT) rose to Rs 171.19 crore, marking a 77.5% increase compared to the previous year. These figures indicate a solid performance in terms of profitability.

However, it is important to note that the company has encountered a decline in its Debtors Turnover Ratio, which currently stands at 3.55 times, the lowest in the last five half-yearly periods. This trend suggests a slower pace in settling debts, an area that may require attention as the company moves forward.

Overall, Dixon Technologies continues to exhibit strong financial health within the competitive electronics market, despite the noted challenges.

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