Dixon Technologies share price gains 2%

Dixon Technologies reported a 100% increase in consolidated net profit to ₹280 crore in the June quarter (Q1FY26), up from ₹140 crore in the same period last year. The announcement was made today, July 22, after market hours. The company's Mobile & Other EMS Division had a 125% year-on-year increase in revenue to ₹11,663 crore. Analysts said that the Q1 results reported by Dixon Technologies came ahead of estimates. As per Jefferies India Pvt Ltd, Dixon Technologies Q1FY26 was above Jefferies estimates, with net profit doubling year on year. Mobile+EMS sales (around 90% of the mix) grew by 124% YoY.