Dixon Technologies' shares fell 11.43% to ₹15,551.85 despite a 124% jump in Q3 profit and 117% revenue growth.
Dixon reported a consolidated net profit of ₹217 crore in Q3 FY25, compared to ₹97 crore in the same period last year.
Revenue surged to ₹10,461 crore in Q3 FY25, marking a significant increase from ₹4,818 crore in Q3 FY24.
For the nine months ending Dec 2024, Dixon's net profit rose 177% to ₹769 crore, while revenue climbed 119% to ₹28,577 crore.
Dixon's Q3 EBITDA jumped 113% YoY to ₹398 crore, and profit before tax increased 127% to ₹286 crore.
Dixon granted 15,000 ESOPs under ESOP 2023 and added three new subsidiaries, expanding its market footprint.