Dixon Technologies, a leading electronics contract manufacturer, reported a robust 77.5% year-on-year increase in its consolidated net profit (attributable to the company’s owners) for the third quarter of FY25, amounting to ₹171.19 crore, compared to ₹96.44 crore in the same period last year. However, on a sequential basis, the net profit saw a sharp decline of 56%. Dixon Tech shares closed at ₹17,554.45, reflecting a 1.87% rise on the BSE. The company’s consolidated revenue for Q3FY25 surged by nearly 117% year-on-year to ₹10,453.68 crore, up from ₹4,818.25 crore in Q3FY24. Yet, the revenue was down 9.4% compared to the previous quarter. A notable decline came from the Consumer Electronics & Appliances division, which reported a 32% fall in revenue year-on-year and more than a 50% drop sequentially, bringing in ₹633 crore. On a brighter note, the Home Appliances division saw a 9% rise in revenue year-on-year, reaching ₹315 crore, though it was down by 29% compared to the September quarter. On the operational front, Dixon’s earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 113% year-on-year, reaching ₹398 crore, up from ₹187 crore in Q3FY24. The company continues to dominate in the manufacturing of a wide range of electronic products, including consumer durables, home appliances, lighting products, mobile phones, telecom products, and security gadgets.