Dixon Technologies Q2 net profit falls 48.7% despite revenue surge
In short
Dixon Technologies reported Q2 net profit of ₹343.7 crore, down 48.7% from a year ago. Revenue rose 46.7% to ₹21,794 crore, and EBITDA was up 6.4% to ₹597 crore.
The company beat estimates on revenue and EBITDA, but the margin fell to 2.7%. The report does not say why profit dropped so sharply.
What the reporting says
Dixon Technologies reported a 48.7% year-on-year decline in Q2 net profit to ₹343.7 crore, even as revenue rose 46.7% to ₹21,794 crore. EBITDA increased 6.4% to ₹597 crore, but the margin fell 110 basis points to 2.7%. Revenue and EBITDA beat CNBC-TV18 poll estimates, while the margin missed expectations. The reporting does not state the reason for the profit drop.
Why it matters
Dixon Technologies posted a sharp fall in Q2 net profit to ₹343.7 crore even as revenue climbed to ₹21,794 crore and EBITDA rose to ₹597 crore. The margin slipped to 2.7%, missing expectations. The available reporting says revenue and EBITDA beat CNBC-TV18 poll estimates, but it does not explain the profit decline.