Results - Announcements
Dixon Technologies (India) Ltd share price ticked higher by 1.17% to Rs 11494.0 after the company's net profit saw a strong growth of 140.91% to Rs 717.83 crore, while revenue from operations increased sharply by 47.92% to Rs 15547.66 crore in Q2FY26 over Q1FY26.
The market capitalization of Consumer Electronics industry group stocks on BSE stood at Rs 1.89 lakh crore, jumping 19.32%. It has inched up 1.96% over last one week and collapsed sharply by 18.13% in last one month while the market capitalization of Dixon Technologies (India) Ltd has improved by 2.74% and 18.42% in the same period respectively.
Profit before tax (PBT) of Dixon Technologies (India) Ltd stood at Rs 868.98 crore in Q2 FY26, expanding by 137.74% year-on-year, and surging by 135.01% quarter-on-quarter. EBITDA came in at Rs 65 crore, tumbling by 113.56% YoY and tanking 120.11% sequentially.
Total expenses jumped by 48.83% to Rs 15191.49 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 15064.4 crore, witnessing a sharp rise of 50.27% YoY, while employee benefits expense was at Rs 180.69 crore, ticking higher by 3.85% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 25.77% to Rs 48872.8 crore, while net profit jumped 33.40% to Rs 1644.25 crore, compared to previous TTM. EBITDA soared by 159831% to Rs 1153.48 crore, and PBT soared 31.90% to Rs 2070.56 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1782.29 crore in FY26, as against Rs 1149.75 crore in FY25.
Dixon Technologies (India) Ltd nosedived by 25.95% in last one year, underperforming the benchmark BSE Sensex which has declined by 12.76% during the same period.