Dixon Technologies Q2 revenue up 29% YoY; profit rises 72%

Dixon Technologies reported Q2 revenue of ₹14,855 crore, up 29% year-on-year, with net profit increasing 72% to ₹670 crore, driven by strong consumer electronics and lighting segments. Management cited operating leverage, product-mix upgrades, and backward integration as margin enablers. Order inflows from leading brands supported capacity utilization across facilities, while exports contributed incremental scale. The company reiterated its multi-year growth strategy anchored in mobile, wearables, and appliances, alongside localization initiatives. Analysts highlighted healthy cash generation and disciplined capex as positives despite competitive pricing in EMS verticals.