Dixon Technologies experienced a sharp jump in demand led primarily by its Mobile and Other EMS segment. Although net profit and EBITDA contracted during the second quarter, first-half net earnings managed to grow by 13% overall. The company also strengthened its operational and governance structure during the period by creating a new subsidiary named Adivistar Electronics India Private Limited.
Key points
Total revenue from operations for the first half of the fiscal year climbed 35% to reach…: Total revenue from operations for the first half of the fiscal year climbed 35% to reach Rs 37,938 crore.
Prithvi Vachani was appointed as an Additional Director in an Executive Director role for…: Prithvi Vachani was appointed as an Additional Director in an Executive Director role for five years, pending shareholder approval.
Operating profit managed modest growth of 6% to reach Rs 597 crore despite overall margin…: Operating profit managed modest growth of 6% to reach Rs 597 crore despite overall margin pressures during the quarter.
Sources checked by our analysis pipeline: 1
However, the company's net profit declined 48.7% to Rs 343.7 crore in Q2FY27 from Rs 670 crore in Q2FY26, according to its exchange filing. Operating profit increased 6% to Rs 597 crore from Rs 561 crore in the corresponding period last year.
EBITDA declined 37% to Rs 666 crore in Q2FY27, while the EBITDA margin contracted to 3.1% from 7.1% in Q2FY26.
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Mobile & Other EMS Division
Revenue increased to Rs 20,093 crore in Q2FY27 from Rs 13,361 crore in Q2FY26. Operating profit stood at Rs 509 crore, compared with Rs 472 crore in the year-ago quarter.Consumer Electronics & Appliances (LED TV & Refrigerator)
Revenue increased to Rs 1,115 crore in Q2FY27 from Rs 956 crore in Q2FY26. Operating profit stood at Rs 40 crore, compared with Rs 39 crore in the corresponding quarter last year.Home Appliances
Revenue increased to Rs 586 crore in Q2FY27 from Rs 429 crore in Q2FY26. Operating profit stood at Rs 48 crore, compared with Rs 50 crore…
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