Dixon Technologies Share Price Today: Stock Sees Sharp Fall Despite Strong Q3 Earnings

Shares of Dixon Technologies tumbled more than 14% on Tuesday, January 21, after the company announced its December 2024 quarter (Q3 FY25) earnings.

At 2:22 pm, the stock was trading at Rs 15,249.15 on the BSE , marking a sharp drop of Rs 2,305.30 (-13.13%) from its previous close.

Dixon Technologies Share Price Today
The stock opened the day at Rs 17,400 on BSE, hitting an intraday high at the same price, before slumping to a low of Rs 15,130.

On the NSE , shares opened at Rs 17,248.25 and reached a low of Rs 15,120, with the stock trading at Rs 15,206.60 at 2:47 pm, reflecting a decline of Rs 2,352.85 (-13.40%).

Dixon Technologies Q3 FY25 Results 
Despite the steep fall in share price, Dixon Technologies delivered impressive results for Q3 FY25. The company reported a 124% YoY surge in consolidated net profit, which rose to Rs 217 crore from Rs 97 crore in Q3FY24. Revenue from operations saw a massive 117% increase, reaching Rs 10,461 crore, compared to Rs 4,821 crore in the same period last year.

The company’s EBITDA also saw significant growth, rising 113% to Rs 398 crore, up from Rs 187 crore in Q3FY24. However, EBITDA margin slightly contracted by 10 basis points to 3.8% from 3.9% in Q3FY24. Despite this, the profit after tax (PAT) margin improved by 10 bps to 2.1% from 2% in the previous year.