Dixon Technologies January-March quarter (Q4) results came in well below expectations, but the potential for signing up a new mobile client, and plans for backward integration into display manufacturing kept investors happy. Dixon s Q4FY24 revenue grew 52 per cent year-on-year (Y-o-Y) to Rs 4,660 crore, below Street consensus, due to weakness in consumer electronics (Rs 890 crore) and home appliances (Rs 294 crore) segments.
Telecom companies compete fiercely for market share. Vodafone Idea struggles without 5G. Airtel and Jio focus on service quality and rural expansion. Broadband users increase, with Jio leading the growth.
India Business News: Reliance Jio Q4 results: Jio's revenue from operations grew by approximately 11% to 259.59 billion rupees during the quarter, while its total expenses
India s Reliance Jio Infocomm, the telecom business of Reliance Industries, reported a 13.2% rise in fourth-quarter profit on Monday, helped by a sustained growth in subscriber additions. .