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The Economic Times
The Economic Times
Business
Surbhi Khanna

Dixon Technologies shares decline 4% despite 156% YoY spike in Q1 profit

Dixon Technologies

Shares of Dixon Technologies dropped 4% to the day’s low of Rs 13,580 on BSE despite the company reporting a growth of 156% year-on-year (YoY) in profit after tax (PAT) and 25% YoY increase in revenue in Q1 FY27.

The company in a filing with the exchange said that the profit after tax was reported at Rs 718 crore in Q1FY27 registering a growth of 156% compared to the corresponding period of the previous year. The revenue from operations (including other income) was reported at Rs 16,076 crore.

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