Dixon Technologies Reports 36% Decline in Q4 FY26 Profit

Dixon Technologies, a prominent player in the electronics manufacturing services sector, announced a significant decline in its consolidated net profit for the fourth quarter of fiscal year 2026. The net profit fell by nearly 36% to Rs 297.97 crore, a decrease from Rs 464.95 crore in the same period the previous year, as per the regulatory filings.

Despite achieving a revenue growth to Rs 10,510.51 crore from Rs 10,292.54 crore, the increase in total expenses, which surged to Rs 10,230.77 crore from Rs 9,981.92 crore, overshadowed the revenue gains. The heightened expenses are believed to have contributed heavily to the drop in net profits.

In light of the fiscal performance, Dixon Technologies' board of directors has recommended a final dividend for the financial year 2025-26, proposing Rs 10 per equity share of a face value of Rs 2 each, bringing some relief to the shareholders amid the profit downturn.

(With inputs from agencies.)