In FY23, the company's revenue grew 14% YoY to 12,192 crore. A significant increase in the company's revenue in FY24 can be largely attributed to growth in mobile and electronic manufacturing services (EMS) business.
The company manufactures smartphones and feature phones for companies such as Xiaomi, Samsung, Motorola, Jio, itel, among others, at its four plants in Noida.
In the January-March quarter, the company's revenue from operations is expected to have increased over 60% YoY to ₹4,900 crore.
Nearly half of the company's annual revenue of ₹18,000 crore during the year is expected to have come from manufacturing and assembling mobile phones and their accessories, sources in the know said. During the year, Dixon added Xiaomi as its client for manufacturing and export of its mobile phones.
Bu hikaye Financial Express Mumbai dergisinin April 15, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin April 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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