Shares of Dixon Technologies Ltd. surged more than 4% in early morning trade on Friday after the company reported a healthy set of Q3 FY26 results, driven by sharp growth in net profit and steady improvement in operating performance.
In Q3 FY26 on a consolidated year-on-year basis, Dixon Technologies reported revenue of ₹10,672 crore, marking a growth of 2.1% compared with ₹10,454 crore in the corresponding quarter last year. Operating performance also showed improvement, with EBITDA rising 6.1% to ₹414 crore from ₹391 crore in Q3 FY25. EBITDA margin expanded to 3.9% from 3.7%, reflecting better cost efficiencies and operating leverage.
The standout highlight of the quarter was net profit, which jumped 67.8% year-on-year to ₹287 crore, compared with ₹171 crore in the same period last year. The sharp rise in profitability boosted investor confidence, leading to strong buying interest in the stock during early trade.
Following the results, Dixon Technologies shares opened at ₹10,100 and moved sharply higher to an intraday high of ₹10,843. The stock touched a low of ₹9,835 during the session, which also stands as its 52-week low. The 52-week high for the stock is ₹18,471
