Shares of Dixon Technologies jumped 11% on Monday to hit an intraday high of Rs 12,199 on the NSE after the company reported a 46.7% year-on-year (YoY) increase in revenue to Rs 21,794 crore in Q2FY27, compared with Rs 14,855 crore in the year-ago period.

However, the company's net profit declined 48.7% to Rs 343.7 crore in Q2FY27 from Rs 670 crore in Q2FY26, according to its exchange filing. Operating profit increased 6% to Rs 597 crore from Rs 561 crore in the corresponding period last year.

EBITDA declined 37% to Rs 666 crore in Q2FY27, while the EBITDA margin contracted to 3.1% from 7.1% in Q2FY26.

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Revenue increased to Rs 20,093 crore in Q2FY27 from Rs 13,361 crore in Q2FY26. Operating profit stood at Rs 509 crore, compared with Rs 472 crore in the year-ago quarter.

Consumer Electronics & Appliances (LED TV & Refrigerator)

Revenue increased to Rs 1,115 crore in Q2FY27 from Rs 956 crore in Q2FY26. Operating profit stood at Rs 40 crore, compared with Rs 39 crore in the corresponding quarter last year.

Revenue increased to Rs 586 crore in Q2FY27 from Rs 429 crore in Q2FY26. Operating profit stood at Rs 48 crore, compared with Rs 50 crore in Q2FY26.

In the first half of FY27, ended September 2026, revenue from operations (including other income) increased 35% to Rs 37,938 crore, while EBITDA rose 8% to Rs 1,657 crore. Profit after tax (PAT) increased 13% to Rs 1,007 crore, compared with Rs 895 crore in the corresponding period a year ago.

The board of directors, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Prithvi Vachani as an Additional Director in the capacity of Executive Director of the company for a period of five consecutive years, effective October 30, 2026. The appointment, along with his remuneration, is subject to shareholder approval.

During the quarter ended September 30, 2026, Adivistar Electronics India Private Limited was incorporated as a subsidiary of Dixon Technologies (India) Limited.

Dixon Technologies shares declined 4.37% over the past month and nearly 21.61% over the past year. However, the stock has gained 0.45% so far in 2026.

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Over the past three and five years, the stock has gained 127.86% and 121.08%, respectively.

Disclosure: This article has been written by Surbhi Khanna, who is not a SEBI-registered Research Analyst or an investment advisor . Surbhi Khanna does not hold any financial interest in Economic Times as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of the EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment.