Shares of Dixon Technologies (India) hit a 10% lower circuit at ₹15,804 on January 20, following disappointing Q3FY25 earnings. The company reported a sharp sequential decline in its net profit and revenue. Dixon’s consolidated net profit dropped 47.5% year-on-year to ₹216 crore, down from ₹411.7 crore in Q3FY24. Revenue also fell over 9% to ₹10,453.7 crore during the quarter.
The stock has slumped in the year 2025, diving 12% year-to-date, against Nifty 50 index that edged down just by 1.5% over the same period of time.
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Source: Moneycontrol
News Desk
