Dixon Technologies (India) Ltd. reported a decline in consolidated earnings for the quarter ended March 31, 2026, as margin pressure and higher costs weighed on profitability despite strong revenue performance.
Revenue from operations for Q4 FY26 increased to ₹10,510.51 crore from ₹10,292.54 crore reported in the corresponding quarter last year. Total income stood at ₹10,594.81 crore compared to ₹10,303.82 crore in Q4 FY25.
Net profit for the quarter declined 35.91% year-on-year (YoY) to ₹297.97 crore from ₹464.95 crore reported in the year-ago period.
At the operating level, EBITDA declined to ₹408.37 crore during the quarter from ₹442.79 crore a year ago. EBITDA margin contracted to 3.89% from 4.30% in the corresponding quarter last year.
Total expenses during the quarter rose to ₹10,230.77 crore compared to ₹9,981.92 crore in Q4 FY25, driven by higher material consumption and employee-related costs.
Finance costs declined to ₹23.66 crore from ₹46.26 crore in the corresponding quarter last year, while depreciation and amortisation expenses increased to ₹104.97 crore from ₹85.91 crore.
Profit before tax came in at ₹369.76 crore compared to ₹576.03 crore in Q4 FY25. Earnings per share (EPS) stood at ₹49.22 against ₹77.59 in the corresponding quarter last year.
Dixon Technologies is one of India’s leading electronics manufacturing services (EMS) companies with operations spanning consumer electronics, mobile phones, home appliances, lighting products and telecom equipment manufacturing.
The company continues to expand its manufacturing footprint amid growing opportunities under India’s electronics manufacturing ecosystem and production-linked incentive (PLI) schemes.