Dixon Technologies reported a 48.7% year-on-year decline in consolidated net profit to Rs 344 crore for the second quarter of fiscal 2027, compared with Rs 670 crore in the year-ago period. However, the company beat the estimate of Rs 290 crore.
Revenue rose 46.7% to Rs 21,794 crore from Rs 14,855 crore a year earlier, surpassing the estimate of Rs 19,208 crore. EBITDA increased 6.4% to Rs 597 crore from Rs 561 crore in the corresponding quarter last year. The figure was higher than the estimate of Rs 560 crore.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
EBITDA margin contracted to 2.7% from 3.8% a year earlier, falling short of the estimate of 2.9%.
The sharp decline in net profit came alongside a steep fall in other income, which dropped to Rs 69 crore from Rs 496 crore in the year-ago quarter.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.