Dixon Technologies (India) Acquisition Worth ₹2.55 Cr
Dixon Technologies acquired a 51% stake in Adivistar Electronics India for ₹2.55 Crore, enhancing its smartphone manufacturing footprint in the Indian ecosystem.
- Value
- ₹2.55 Cr
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Dixon Technologies acquired a 51% stake in Adivistar Electronics India for ₹2.55 Crore, enhancing its smartphone manufacturing footprint in the Indian ecosystem.
Dixon Technologies incorporated a new subsidiary, Adivistar Electronics India Private Limited, investing Rs. 2.55 Crore for a 51% equity stake.
Dixon Technologies disclosed an independent ESG rating of 67 by SEBI-registered ERP Niche Ninety Nine. No transaction or board decision is involved.
Dixon Technologies (India) Limited allotted 28,455 equity shares following the exercise of employee stock options. This issuance increases the company's paid-up share capital.
Dixon reported massive revenue growth driven by mobile and IT hardware, though margins face temporary compression due to PLI-1 expiry and rising input costs.
Dixon Technologies (India) Ltd reported revenue from operations of ₹15,548 Cr (+21.1% YoY) and net profit of ₹717.8 Cr (+156.4% YoY) for Q1 FY27.
Dixon reported Q4 FY26 revenue of ₹10,520cr. FY26 revenue grew 26% to ₹48,893cr, with PAT rising 20% to ₹845cr driven by mobile and telecom growth.
Dixon reported 26% YoY revenue growth for FY26 but faced Q4 stagnation in mobile and IT segments due to high memory prices and geopolitical headwinds.
Dixon reported strong FY26 consolidated revenue of ₹49,586 Cr (+28% YoY) and PAT of ₹1,644 Cr (+33% YoY). Focus remains on scaling Mobile EMS and improving operational efficiencies.
Dixon Technologies (India) Ltd reported revenue from operations of ₹10,510 Cr (+2.1% YoY) and net profit of ₹298 Cr (-35.9% YoY) for Q4 FY26.