D-Link India Q4 Consol PAT Rises 24.26% to Rs 25.10 cr in FY24

D-link India on Saturday reported its earnings for the quarter ended March financial year 2023-24. The company's consolidated net profit for the March quarter skyrocketed by 24.26% to 25.10 crore rupees compared to 20.20 crore rupees during the corresponding quarter in the previous year.

Key Takeaways from D-Link India's Performance:

• Consolidated net profit for Jan-Mar quarter rose 24.26% to 25.10 crore rupees.
• Sales/revenue for the quarter ended March rose 7.24% to 333.86 crore rupees.
• Directors recommended a final dividend of Rs 8 per share. 

Sequentially, revenue from operations for the quarter ended March 2024 rose 7.24% to 333.86 crore rupees against 311.33 crore rupees during the previous quarter ended March 2023. 

Further, net profit for the whole year rose 7.26% to 92.63 crore rupees in the quarter ended March 2024 against 86.36 crore rupees in the previous year ended March.

Additionally, revenue for the full year rose to 4.67%  to 1,235 crore rupees in the financial year 2024 compared to 1,180.59 crore rupees in the previous year ended March 2023.

The company's Board of Directors recommended a final dividend of Rs 8 per share, subject to the approval of the shareholders.

About D-Link India:

D-Link founded in 1986 by Ken Kao and six of his friends, is a global networking equipment brand. The company has about 82 operating and sales locations in 44 countries worldwide, creating a new digital Silk Road and leading global smart living. D-Link enables small businesses, and enterprises to grow through its wide product portfolio. Today, the company is a global leader in connectivity for home, small business, and medium to large-sized enterprise environments, and provides service with experience spanning 30 years.