Shares of Dixon Technologies (India) surged 8.58% to ₹11,007.90 despite reporting a 35.91% decline in consolidated net profit to ₹297.97 crore for Q4 FY26. Revenue from operations saw a modest increase of 2.12%, totaling ₹10,510.51 crore. The company's managing director, Atul Lall, expressed optimism regarding its proposed joint venture with Chinese smartphone maker Vivo, which sold around 35 million units last year. This partnership could potentially contribute an additional 20 million units annually. Despite the profit drop, EBITDA rose 9% to ₹493 crore, with an improved EBITDA margin of 4.7% compared to 4.4% in the previous year. Additionally, Dixon's board approved a final dividend of ₹10 per share for FY26, subject to shareholder approval at the upcoming Annual General Meeting.