Dixon Technologies Q3 profit hit by smartphone slowdown as mobile revenues slide
Electronics contract manufacturer Dixon Technologies saw a 27% quarterly decline in revenues from its mobile phone manufacturing segment and a consequent 26% fall in operating profit in the quarter ended December 2025 as a result of a slowdown in smartphone demand.
Dixon reported ₹9,750 crore revenues from its mobile and other EMS division generating an operating profit of ₹350 crore. The slump in revenues came as a result of a 7% on-year fall in smartphone shipments in the post-festive quarter driven by high inventory, and rising memory costs.
