Dixon Tech Q2: Net Profit Falls 49%, But Beats Estimates; Revenue Jumps 47%
Indian markets moved higher in a quarterly results development.
· NDTV Profit
Revenue rose 46.7% to Rs 21,794 crore from Rs 14,855 crore a year earlier, surpassing the estimate of Rs 19,208 crore. EBITDA increased 6.4% to Rs 597 crore from Rs 561 crore in the corresponding quarter last year.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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