In an exchange filing, the company said, “The event is industry-wide and primarily triggered by misinformation affecting multiple industries in Noida region. We confirm that our Company’s operations remain fully compliant with applicable laws with no material impact on our operations.”
Dixon emphasised that the safety and well-being of its employees continue to be its highest priority, while adding that authorities are actively coordinating with industries across the region to restore normalcy.
Earlier, auto component maker Samvardhana Motherson International Ltd have also release a clarification and said recent labour protests in Noida and some other cities have no material impact on its operations, attributing the situation to a broader industry-wide issue driven by misinformation around wage revisions.
Noida workers protest?
A violent protest broke out in Phase 2 of Noida, Uttar Pradesh, on Monday (April 13) after a large number of employees from various industrial units gathered to air their demands for a salary increase. During the protest, vehicles and properties were damaged, and stone pelting also occurred.
Key demands of the workers include the implementation of minimum wages and a wage hike in line with government-mandated rates. They are also seeking a weekly off and fixed duty hours, along with improved workplace conditions, highlighting concerns over pay structure, work schedules, and overall employee welfare.
In its Q3 FY26 results, Dixon’s revenue for the quarter grew by 2.1% from last year to ₹10,671 crore. A CNBC-TV18 poll had expected revenue to grow by 3% from last year to ₹10,783 crore. Weaker-than-expected mobile sales during the quarter dragged Dixon’s topline this quarter.
Revenue for Dixon’s its mobile business dropped by 27% from the previous quarter, even as it grew 5% on a year-on-year basis. The division contributed to 92% of the overall topline.
The company’s earnings before interest, tax, depreciation and amortisation (EBITDA), stood at ₹414.6 crore. On a year-on-year basis, Dixon’s EBITDA grew 5.8%.
Shares of Dixon Technologies (India) Ltd closed at ₹10,571 on the NSE on April 13, down ₹105 or 0.98%.
(Edited by : Shoma Bhattacharjee)
First Published: Apr 13, 2026 7:49 PM IST
