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Dixon's resilience to be tested from FY27 as mobile PLI ends
Mint Bangalore
|May 22, 2025
Dixon Technologies (India) Ltd shares fell 6% to ₹15,612 on Wednesday after its March quarter results amid stiff valuations.
Dixon Technologies (India) Ltd shares fell 6% to ₹15,612 on Wednesday after its March quarter results amid stiff valuations. Sure, net profit after minority interest quadrupled year-on-year to ₹401 crore, but this includes a fair value gain on investments worth ₹250 crore.
Still, revenue and Ebitda more than doubled year-on-year to ₹10,293 crore and ₹443 crore, respectively. Ebitda margin rose 40 basis points. The mobile and EMS (electronics manufacturing services) division was the key driver, with its revenue almost tripling. It contributed almost 90% of Dixon's revenue and 80% of Ebitda.
Cette histoire est tirée de l'édition May 22, 2025 de Mint Bangalore.
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