After the company’s announcement that it received orders worth ₹107.08 crore from both domestic and international customers, DCX Systems’ shares increased by about 5%. The contracts are for the supply of wire harness assemblies, cables and electronic kits, and the completion date is planned for the next 12 months.
DCX Systems is a major manufacturer of electronic subsystems and cable harnesses for India’s defence and aerospace sectors. The firm focuses on system integration, cable and wire harness assemblies and kitting.
DCX Systems reported a 69.4% reduction in net profit to ₹2.94 crore for Q1 FY25, despite the new orders. Compared to Q1 FY24, revenue from operations decreased by 18.8% to ₹138.08 crore.
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