Dixon Technologies Q4 results: Net profit falls 36% YoY to ₹256 crore, revenue up 2%; ₹10/share dividend recommended

In the corresponding period of the previous fiscal year, it logged a net profit of ₹400.82 crore, according to a regulatory filing.

During the quarter under review, its revenue from operations rose 2.12% YoY to ₹10,510.51 crore, compared to ₹10,292.54 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

The company’s revenue from its mobile and other electronics manufacturing services (EMS) business increased 4% YoY to ₹9,485 crore during the quarter, in comparison to ₹9,102 crore in the same period last year. This business contributes to 90% of the firm’s revenue.

It recorded a revenue of ₹697 crore from the consumer electronics and appliances (LED TV and refrigerator) in the latest March quarter, up marginally YoY from ₹689 crore in Q4 FY25. This segment makes up 7% of Dixon Tech’s total revenue.

Its revenue from the home appliances division, which contributes 3% to the firm’s overall revenue, grew 9% YoY to ₹329 crore in the quarter ending March 31, 2026, from ₹302 crore.

However, the company's total expenses also shot up to ₹10,230.77 crore, from ₹9,981.92 crore a year ago.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹418 crore in Q4 FY26, reflecting an 8% YoY decline from ₹454 crore in the year-ago period.

Furthermore, its EBITDA margin contracted by 40 basis points (bps) YoY to 4% for the reporting period, from 4.4% in Q4 FY25.

Final dividend recommended

The board of Dixon Technologies recommended a final dividend for the financial year 2025-26 at the rate of ₹10 per equity share of the face value of ₹2 each out of the company’s profit.

“The dividend, if approved by the members of the Company at the ensuing 33rd Annual General Meeting (AGM), will be credited/ dispatched within 30 days from the date of AGM,” the filing stated.

Shares of Dixon Technologies closed 5.89% lower at ₹10,138 apiece on the National Stock Exchange (NSE) on Tuesday, ahead of the earnings announcement.

Dixon Technologies has a total market capitalisation of ₹61,531.52 crore as of May 12, 2026, according to the data on the NSE.