Dixon Tech Q1 results: Net profit jumps 195% YoY to ₹663 crore, revenue climbs 21%; check key numbers

Dixon Technologies (India) board of directors on Friday, July 31, announced the company’s April to June quarter results for the financial year 2026-27, where the firm recorded strong growth in quarterly net profits while margin contraction remained a concern.

NSE filings showed that Dixon Tech’s consolidated net profit surged 195% to ₹663.42 crore in the first quarter of the financial year 2026-27, compared year-on-year (YoY) with ₹224.97 crore in the same period a year earlier.

The company’s revenue from core operations advanced 21% YoY to ₹15,547.66 crore in the June quarter, from ₹12,835.66 crore in the same period a year earlier, as per the exchange filing.

Dixon Tech’s latest filing showed that the company’s total expenses for the period under review increased due to the rise in raw material costs in the June quarter. The consolidated total expenses for the period surged 22% YoY to ₹15,215.61 crore, from ₹12,478.58 crore in the same quarter a year earlier.

The company’s raw material cost advanced 22.5% to ₹15,064.40 crore in the first quarter, compared to ₹12,287.82 crore in the same period last year.

Margin drop

Dixon Tech’s surge in raw material costs in turn squeezed down the company’s margins in the period under review.

At an operational level, the company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) declined nearly 4% to ₹463 crore in the June quarter, from ₹482 crore in the same period a year ago.

The EBITDA margins contracted 78 basis points to 2.97% in the first quarter of the financial year 2026-27, compared year-on-year with 3.75% in the same period a year earlier, as per the exchange filings.

In contrast, the company’s profit margins expanded 2.4% to 4.6% in the period under review, from 2.2%, according to the company’s earnings report released on July 31.

Dixon Tech share performance

Dixon Tech shares have delivered more than 219% returns to their investors in the last five years, and over 233% gains on their investment in the last three years, according to NSE data.

However, the company shares have lost 18% in the last one-year period.

The exchange data also showed that the company’s stock has risen 13% in 2026 and has gained over 15% in the last one-month period. Dixon Tech shares were up 0.7% in the last five market sessions.

Shares of Dixon Tech surged to their 52-week high of ₹18,471 on September 25, 2025, while the 52-week low was at ₹9,600 on March 30, 2026. The company’s market capitalisation (m-cap) was at ₹84,076 crore as of the trading session on Friday, July 31, 2026.