5406992025-10-012025-12-315406992025-04-012025-12-315406992025-10-012025-12-31in-capmkt:OtherExpenses1Member5406992025-04-012025-12-31in-capmkt:OtherExpenses1Member5406992025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15406992025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares540699DIXONNOTLISTEDINE935N01020Dixon Technologies (India) LimitedMain BoardEquity2025-04-012026-03-312026-01-292026-01-22INRLakhsQuarterlyThird quarterSingle segmentElectronic Goods2026-01-2914:38:002026-01-2915:55:00Not applicable2025-10-012025-12-31UnauditedConsolidated106715900000131320000010802910000096435200000024225000001710700000428700000990300000200300000010399040000040387000000403870000072360000018770000091130000003127400000000782000003205600000-2100000320350000028726000003330000002870400000333100000121400000253.0652.620053.0652.620.0020.0050.1041. These consolidated financial results of Dixon Technologies (India) Limited ("Holding Company") have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment thereafter and SEBI circulars issued thereunder. <BR> 2. The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 29 January 2026. The statutory auditors have expressed an unmodified review conclusion on these results. <BR> 3. During the period ended 31 December 2025, Lightanium Technologies Private Limited and Dixon Electrocorp Private Limited were incorporated, as joint venture and wholly owned subsidiary of Dixon Technologies (India) Limited respectively. <BR> 4. On 8 July 2024, the Holding Company entered into Share Subscription and Purchase Agreement (“SSPA”) with Aditya Infotech Limited (“Aditya”) for sale of 9,500,000 fully paid up equity shares of AIL Dixon Technologies Private Limited (‘AIL Dixon’) representing 50% of AIL Dixon equity share capital, the joint venture company. The consideration of this transaction is through exchange of 73,05,805 equity shares of Rs. 1 each, representing 6.50% of Aditya equity share capital on a fully diluted basis on that date. Based on registered valuer, the fair value gain of Rs. 20,961 lakhs on these investments has been recognised for the nine months ended 31 December 2024 and shown as exceptional item. For the year ended 31 March 2025, the cumulative recognised fair value gain is Rs. 45,998 lakhs, which has been disclosed as an exceptional item in the previous year. <BR> 5. The Chief Operating Decision Maker ('CODM') comprises of the Board of Directors, Vice Chairman cum Managing Director and Chief Financial Officer which examines the Group’s performance on the basis of single operating segment Electronics Goods; accordingly segment disclosure is not required. <BR> 6. The Holding Company has transferred its lighting business undertaking including the shares of its Subsidiary, Dixon Technologies Solutions Private Limited to Lightanium Technologies Private Limited for a total consideration of Rs. 14,030 lakhs (Rs. 11,530 lakhs and Rs. 2,500 lakhs, respectively based on registered valuer) effective from 01 August 2025. This transaction was executed as part of the joint venture arrangement, resulting in the Holding Company recognising a gain on sale of the undertaking and subsidiary shares amounting to Rs. 2,188 lakhs and Rs. 619 lakhs respectively. <BR> <BR> Signify Innovations India Limited transferred its LED lighting manufacturing operations at Vadodara, Gujarat, to Lightanium Technologies Private Limited as a going concern through a slump sale for a cash consideration of Rs. 14,030 lakhs. Following the completion of these transactions, both the Holding Company and Signify Innovations India Limited each hold 50% of the post-issue share capital of Lightanium Technologies Private Limited. <BR> <BR> The financial figures for the quarter and nine months ended 31 December 2025 are not comparable with those of the corresponding periods of the previous year and the previous quarter of the current year due to the transfer of the lighting business to a Joint Venture company with effect from 01 August 2025. <BR> <BR> 7. The Company has acquired equity stake in Kunshan Q Tech Microelectronics (India) Private Limited (“Q Tech India”) pursuant to the Share Subscription and Purchase Agreement dated 17 September 2025, executed between the Holding Company, Q Tech India, Q Technology (Singapore) Private Limited, and Kunshan Q Technology International Limited. On 26 September 2025, The Holding Company has completed the acquisition of 51% of the paid-up share capital of Q Tech India on a fully diluted basis. <BR> <BR> In accordance with the terms of the agreement; the Holding Company acquired 1,61,50,943 equity shares of Rs. 10 each of Q Tech India from existing shareholders for an aggregate cash consideration of Rs. 42,800 lakhs and subscribed 47,16,981 equity shares of Rs. 10 each of Q Tech India for a cash consideration of Rs. 12,500 lakhs. <BR> 8. The Government of India has consolidated 29 existing labour legislations into a united framework comprising four Labour Code viz Code on Wages 2019, Code on Social Security 2020, Industrial Relation Code 2020, and Occupational Safety, Health and Working Condition Code 2020 (collectively referred to as the "New Labour Codes"). These New Labour Codes have been made effective from 21 November 2025. The corresponding all supporting rules under these New Labour Codes are yet to be notified. <BR> <BR> The Group is in the process of evaluating the full impact of these New Labour Codes announced. The Group has estimated and accounted for incremental liability for own employees which is not material to the consolidated financial results and is in the process of evaluating other possible impacts including for contract workforce. However, management is of the view that impact, if any, is unlikely to be material. <BR> 9. During the quarter ended 31 December 2025, the Holding Company and Inventec Corporation ("Inventec") have made an investment of Rs. 2,051 lakhs and Rs. 1,368 lakhs, respectively in the Dixon IT Devices Private Limited ("Subsidiary Company"). Pursuant to the said investments, The Holding Company and Inventec have acquired a total of 2,05,10,000 equity shares and 1,36,80,000 equity shares of INR 10/- each respectively, of the Subsidiary Company. <BR> As a result, the Holding Company now holds 60% and Inventec holds 40% of the total issued and paid up share capital of the Subsidiary Company on a fully diluted basis. <BR> <BR> 2025-04-012025-12-31UnauditedConsolidated3836229000006287400000389910300000354354000000012672000005371600000113810000028801000008048600000373059600000168507000000168507000002652800000892400000354520000001330550000000015730000013462800000-1900000134609000001182230000016405000001181870000016422000001214000002222.83220.9800222.83220.980.0020.0170.158Other Expenses2003000000Other Expenses8048600000items that will not be reclassified to profit and loss-3400000-3400000items that will not be reclassified to profit and loss-3100000-3100000-1300000-120000000-2100000-1900000