Dixon misses Q1 profit estimates as margin pressure offsets revenue growth
A 23% rise in cost of materials to ₹15,064 crore further hit profitability. The cost pressures also affected Dixon’s operating margin, which in the June quarter took an 80 basis points (bps) hit to drop to 3% for the period.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)