Dixon Technologies Q2 FY27 Profit Falls 45% To ₹411 Crore, Revenue Jumps 47% To ₹21,794 Crore
Mumbai: Dixon Technologies (India) Limited reported a 45 percent year-on-year decline in consolidated net profit to Rs 410.87 crore for the quarter ended September 30, 2026, compared with Rs 745.70 crore in the corresponding quarter last year. However, revenue from operations jumped 47 percent to Rs 21,793.64 crore from Rs 14,855.04 crore a year earlier, according to the company's stock exchange…
Dixon Technologies reported a significant decline in its profit for the second quarter of FY27, with consolidated net profit falling 45% to ₹410.87 crore. Despite this, revenue from operations surged 47% to ₹21,793.64 crore. The electronics manufacturing company's total income increased by 42% to ₹21,862.37 crore, while total expenses rose by nearly 48% to ₹21,332.83 crore.
Profit before tax declined 42% to ₹532.35 crore, and basic earnings per share fell to ₹67.44. The company's EBITDA for the quarter was down 37% year-on-year at ₹666 crore. On a quarter-over-quarter basis, net profit declined 43%, while revenue from operations increased 40%. The half-year performance showed a 10% increase in consolidated net profit to ₹1,128.70 crore and a 35% rise in revenue from operations to ₹37,341.30 crore.
The company is awaiting formal determination and disbursement of Production Linked Incentive (PLI) receivables of ₹1,110.06 crore, which is awaiting formal determination and disbursement by the Project Management Agency.
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