Dixon Technologies posted a massive 100 per cent YoY profit growth in the first quarter of fiscal year 2025-26. The company reported a profit of Rs 280 crore in Q1FY26, against a profit of Rs 139.7 crore in Q1FY25.
The company’s revenue from operations grew by 94.86 per cent YoY in the first quarter. Dixon Technologies posted a revenue of Rs 12,835 crore in Q1FY26, while in the same quarter of the previous fiscal year, its revenue was Rs 6579.8 crore.
Dixon Technologies’ EBITDA stood at Rs 484 crore in Q1FY26, which was Rs 256 crore in Q1FY25. The company’s EBITDA margins saw a 10 basis point decline on QoQ as it slipped from 3.9 per cent in Q1FY25 to 3.8 per cent in Q1FY26.
Segment-wise performance
Mobile and other EMS divisions, telecom, and wearables. Ismartu, which forms the bulk of Dixon Tech’s business, saw an impressive 125 per cent YoY growth in the quarter. The total revenue from the segment grew from Rs 5192 crore in Q1FY25 to Rs 11,663 crore in Q1FY26. The segment’s share in the company’s total revenue also grew from 79 per cent to 91 per cent.
Consumer electronics and appliances, the second largest product category of the company, witnessed a 21 per cent YoY decline in revenue. Total revenue from the segment came down to Rs 672 crore in Q1FY26, which was Rs 855 crore in Q1FY25. Its revenue contribution also decreased from 13 per cent to 5 per cent.
Dixon Technologies’ home appliances business grew at a modest 4 per cent YoY. The revenue from the segment grew from Rs 305 crore in Q1FY25 to Rs 313 crore in Q1FY26.