Electronic manufacturer Dixon Technologies quarterly March decreased by 28.9% to Rs 44.26 crore compared to Rs 61.59 crore recorded in the previous quarter after revenue, but increased by 60% per annum.
Throughout the 2020-21 financial year, Dixon made a profit of Rs 159.8 crore, up 33% from Rs 120.5 crore last year.
During the last quarter, the company saw a 3.3% dip in its total earnings which dropped to Rs 2,110.69 crore from Rs 2,182.92 crore in the third quarter.
According to the latest figures, consumer electronics continues to be the highest revenue earner, accounting for 56% of the company's revenue, followed by electronics products making up 18% and home appliances and mobile divisions offering 7% and 14% respectively.
For the year ended 31 March 2021, the remaining amount of Rs 2.12 crore from the proceeds of its 2017 IPO was used for general business purposes, the company said.
"No other IPO fees are being used," the results of the fourth quarter were announced on Thursday.
The company's board of directors has proposed the final share of INR 1.00 / - with Equity Share for Rs. 2 / - for each financial year 2020-2021 subject to the approval of shareholders.
Dixon's stock rose 2.31% to close to Rs 3993.50 per share on BSE on Thursday, while the index index rose 0.19%.
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