NOIDA, INDIA – Dixon Technologies reported revenue of Rs 12,198 crore ($1.48 billion) for its fiscal year, an increase of 14% from the previous year, while quarterly revenue grew 27.3% sequentially to Rs 3074 crore ($372 million).
"We reported strong revenue growth trajectory & robust operating cash flow generation along with healthy margin expansion across all segments of business," said CFO Saurabh Gupta.
The company's mobile phone division contributed to 46% revenues, a 2% year-over-year rise.
"We are looking for some large customer account acquisition across verticals, and especially more so in our mobile business. We are in the final stages and should be able to close them very soon. The revenues should start coming in from the second half of the financial year,” Gupta said.