Dixon Technologies shares gain 11% after Q2 revenue jumps 47% YoY

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.