Dixon Technologies (India) (Dixon) and HKC Corporation (HKC) have entered into a Term Sheet for prospective Joint Venture arrangement for manufacturing of Liquid Crystal Modules (LCM), thin film transistor liquid crystal display modules (TFT-LCD Modules), assembly of end products like, smartphones, TVs, monitors and auto displays and selling HKC branded End products in India. Commenting on this occasion, Atul B. Lall, Vice Chairman & Managing Director, stated that �Dixon Group is, constantly taking strategic initiatives to emerge as one of the domestic champion in electronic space by not only providing manufacturing solutions but also striving to be a trusted source in Technology and R & D space. I am delighted to announce that Dixon has signed a Term Sheet with HKC Corporation Limited for manufacturing of Liquid Crystal Modules, TFT- LCD Modules and Displays etc. This venture will give a boost to set up electronic component ecosystem & also deepen the value addition.�Powered by Capital Market - Live News

Net profit of Dixon Technologies (India) rose 18.02% to Rs 95.17 crore in the quarter ended March 2024 as against Rs 80.64 crore during the previous quarter ended March 2023. Sales rose 51.95% to Rs 4657.97 crore in the quarter ended March 2024 as against Rs 3065.45 crore during the previous quarter ended March 2023.For the full year,net profit rose 43.92% to Rs 367.75 crore in the year ended March 2024 as against Rs 255.52 crore during the previous year ended March 2023. Sales rose 45.10% to Rs 17690.90 crore in the year ended March 2024 as against Rs 12192.01 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4657.973065.45 52 17690.9012192.01 45 OPM %3.925.10 -3.944.21 - PBDT180.54144.55 25 655.71459.41 43 PBT129.51112.09 16 493.83344.78 43 NP95.1780.64 18 367.75255.52 44 Powered by Capital Market - Live News

Dixon Technologies (India) announced that the Board of Directors of the Company at its meeting held on 15 May 2024, has recommended a Final dividend of Rs.5 per share (i.e.250%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Dixon Technologies (India) will hold a meeting of the Board of Directors of the Company on 15 May 2024Powered by Capital Market - Live News

Dixon Technologies (India)`s wholly owned subsidiary- Padget Electronics has entered into an Agreement with Longcheer and has commenced the production/ manufacturing and sale of smart phones for large global brands with Longcheer`s design and technology.Longcheer has strong capabilities in product-level solution design, hardware innovation design, system-level software platform development, lean production, supply chain integration & quality control capabilities. They provide integrated smart product services to global leading consumer electronics brands & tech enterprises across multiple countries & regions with global delivery capabilities & has approximately 28% share of ODM at Global Level. Powered by Capital Market - Live News