DixonTechQ2NetProfitRevenueStockMovement
Dixon Tech Q2 Net Profit Slumps 48.7%, Revenue Surges 46.7%
Published: October 30, 2026
Dixon Technologies reported Q2 net profit of ₹343.7 crore, a 48.7% year‑on‑year decline, while revenue rose 46.7% YoY to ₹21,794 crore. Shares slid 4.3% to ₹11,000 on the BSE.
Shares of Dixon Technologies ended at ₹11,000, down ₹494 or 4.30% on the BSE, reflecting a muted market reaction to the profit miss.
The company posted Q2 net profit of ₹343.7 crore, a 48.7% drop from ₹670 crore in the same quarter last year, underscoring margin pressure amid rising costs.
Revenue surged 46.7% YoY to ₹21,794 crore, beating the CNBC‑TV18 poll estimate of ₹20,235 crore and marking the highest top‑line growth for the quarter.
EBITDA climbed 6.4% to ₹597 crore, topping the estimated ₹579 crore, yet the margin contracted to 2.7% from 3.8% a year ago and fell short of the 2.9% consensus.
On the corporate governance front, the board approved Prithvi Vachani’s appointment as an Additional Director, effective 30 Oct 2026, a move that may bring fresh strategic direction.
No forward guidance was issued; the company will report Q3 results on 15 December. Analysts note the need for margin recovery to support future valuation.