Dixon Technologies drops over 7% despite good Q4 earnings

Shares of Dixon Technologies came under pressure on Wednesday, May 21, falling over 7 percent in intra-day trade despite the company reporting robust earnings for the March 2025 quarter (Q4FY25). The stock slipped as much as 7.4 percent to hit a day’s low of ₹15,337.15, extending recent volatility even as brokerages maintained a positive outlook. The sell-off came as a surprise, given the company’s impressive operational performance. Consolidated profit after tax (PAT) surged 379 percent year-on-year (YoY) to ₹465 crore in Q4FY25, compared to ₹97 crore in the corresponding period last year. Revenue also more than doubled to ₹10,304 crore, marking a 120 percent YoY jump from ₹4,675 crore. Operating performance remained solid, with EBITDA climbing 128 percent to ₹454 crore during the quarter.