Dixon Technologies shares gain 11% after Q2 revenue jumps 47% YoY
60-Word AI Digest
Dixon Technologies shares surged 11% after the company reported a 46.7% YoY rise in Q2FY27 revenue to Rs 21,794 crore. However, net profit fell 48.7% to Rs 343.7 crore, while EBITDA declined 37% to Rs 666 crore. EBITDA margin contracted to 3.1% from 7.1% a year ago, despite higher revenue and operating profit growth.
Key Takeaways
- Dixon Technologies shares surged 11% after the company reported a 46.7% YoY rise in Q2FY27 revenue to Rs 21,794 crore.
- However, net profit fell 48.7% to Rs 343.7 crore, while EBITDA declined 37% to Rs 666 crore.
- EBITDA margin contracted to 3.1% from 7.1% a year ago, despite higher revenue and operating profit growth.
Dixon Technologies shares surged 11% after the company reported a 46.7% YoY rise in Q2FY27 revenue to Rs 21,794 crore. However, net profit fell 48.7% to Rs 343.7 crore, while EBITDA declined 37% to Rs 666 crore. EBITDA margin contracted to 3.1% from 7.1% a year ago, despite higher revenue and operating profit growth.
Original Publisher Attribution
This summary was curated from Economic Times.