Dixon to foray into specialty industrial EMS sector, aims for FY27 revenue above ₹56,000 crore

Electronics manufacturing services provider Dixon Technologies reported a 36% on-year decline in net profits at ₹298 crore for the quarter ended March 2026, even as quarterly revenue grew 3% on-year to ₹10,595 crore.

Dixon’s management said the March quarter faced a sluggish environment where revenues remained flat due to geopolitical tensions, soft consumer demand and inventory rationalisation by customers. Rising component costs of memory chips and semiconductor-linked inputs also weighed on profit margins, which fell 170 basis points to 2.8% in Q4FY26.