Below are the financial statements of Dixon Technologies (India), including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Revenue from operations | 176,909a | 121,920.1a |
| Other income | 225.6a | 56.1a |
| Total income | 177,134.6a | 121,976.2a |
| Expenses | — | — |
| Cost of materials consumed | -161,424.2a | -110,151.7a |
| Changes in inventories of finished goods and work-in-progress | -1,034.7a | -55.7a |
| Employee benefits expense | -3,326.7a | -2,516.7a |
| Finance costs | -747.2a | -605.7a |
| Depreciation and amortisation expense | -1,618.8a | -1,146.3a |
| Other expenses | -6,216.5a | -4,068.5a |
| Total expenses | -172,298.7a | -118,544.6a |
| Profit before share of profit/(loss) of joint venture and tax | 4,835.9a | 3,431.6a |
| Share of profit of joint venture | 102.4a | 16.2a |
| Profit before tax | 4,938.3a | 3,447.8a |
| Tax expense | — | — |
| Current tax | -1,150.5a | -876.6a |
| Deferred tax | -12.3a | -26.9a |
| Income tax related to earlier years | -26.3a | -6.5a |
| Tax expense | -1,189.1a | -897a |
| Profit for the year | 3,749.2a | 2,550.8a |
| Profit for the year attributable to | — | — |
| Owners of the company | 3,677.5a | 2,555.2a |
| Non-controlling interests | 71.7a | -4.4a |
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