🇮🇳 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.

Source: india-livemint

Country: India