Dixon Technologies (India) Limited has announced its financial results for the second quarter of FY27, reporting revenues of INR 21,806 crore. The company highlighted resilience in its mobile business, growth in IT hardware, and strategic expansion in new product categories. EBITDA stood at INR 609 crore, with PAT at INR 293 crore, demonstrating continued operational performance amidst market dynamics. The company also detailed its strategic initiatives and expansion plans across various segments, including advanced electronics manufacturing.
Dixon Technologies Reports Strong Q2 FY27 Performance
Dixon Technologies (India) Limited has declared robust financial results for the second quarter ended September 30, 2026, with revenues reaching INR 21,806 crore. The company has demonstrated resilience and strategic growth across its diverse business segments. EBITDA for the quarter was reported at INR 609 crore (excluding fair value gain), and Profit After Tax (PAT) stood at INR 293 crore (excluding fair value gain).
Key Business Segment Highlights
Mobile and Other EMS Businesses
The mobile manufacturing segment remains a cornerstone of Dixon’s growth, sustaining volumes despite a challenging market. Revenues for this segment were INR 20,093 crore with an operating profit of INR 509 crore. The company is poised for further growth with anticipated ramp-up in export volumes and new partnerships, including the integration of Vivo operations expected to commence from Q4.
IT Hardware Products
Dixon’s IT hardware vertical witnessed significant growth, with revenues of INR 2,160 crore. The company is expanding its product portfolio, including gaming laptops, and has established capacities for desktops and tablets. Strategic investments are being made to capitalize on the IT PLI 2 scheme, aiming for substantial revenue growth in this segment.
Home Appliances
The home appliances segment reported revenues of INR 586 crore with an operating profit of INR 48 crore. Significant volume growth was observed in both semi-automatic and fully automatic washing machines. The company is also expanding into adjacent categories like dishwashers and microwaves, with a strong manufacturing capacity for washing machines.
Consumer Electronics (LED TVs and Refrigerators)
Revenues for the LED TV and refrigerator business amounted to INR 1,115 crore with an operating profit of INR 40 crore. Despite a challenging consumer demand environment, Dixon is focusing on expanding its customer base and product portfolio. The company is also enhancing its refrigerator manufacturing capabilities with an expansion project.
Lighting Business
The lighting business demonstrated resilience amidst subdued demand and pricing pressures. Dixon is strengthening its presence by expanding its product portfolio and exploring new design-led solutions, with a focus on both indoor and outdoor lighting segments. Exports of strip lights have commenced to a U.S. retail chain.
Strategic Initiatives and Future Outlook
Dixon is strategically focusing on increasing value addition through advanced manufacturing capabilities in areas such as silicon photonics, optical transceivers, and advanced packaging. The company is actively evaluating high-margin, low-volume business opportunities and aims to be a key player in India’s growing electronics manufacturing ecosystem. Expansion plans are underway across all business categories, reinforcing Dixon’s commitment to sustained growth and margin expansion.
Source: BSE
