Noida wage protests: Dixon Techcomp says operations compliant, no disruption reported

Dixon Technologies (India) Ltd on Monday said its operations continue without disruption despite labour protests reported in the Noida region of Uttar Pradesh, adding that the situation has not had any material impact on its business.

In an exchange filing, the company said the unrest is not isolated to any single firm but is part of an industry-wide issue, which it attributed to misinformation circulating across multiple industrial units in the region.

“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,” the company said.

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Dixon also said employee safety and welfare remain its top priority and noted that authorities are working with industries in the region to restore normalcy.

Protests turn tense in Noida Phase 2

The clarification comes after labour unrest broke out in Noida’s Phase 2 industrial area on Monday, where workers from several factories gathered to press for higher wages and improved working conditions.

The protest escalated as workers took to stone pelting and were reportedly caused damage to vehicles and property from the site. Workers demand included the implementation of minimum wages as per government rules, revision of pay structures, fixed duty hours, weekly offs, and better workplace conditions.

Dixon calls it an industry-wide issue

Dixon said the developments should not be seen as company-specific and stressed that its operations remain stable.

The company maintained that it is closely monitoring the situation and continues to comply fully with labour laws and regulatory requirements.

It also said coordination is ongoing between industry bodies and government authorities to ensure normal operations resume across the region.

Other companies issue similar statements

Peer firms have also responded to the situation. Samvardhana Motherson International Ltd earlier said that labour protests in Noida and other locations have not impacted its operations in any material way.

The company also described the unrest as a broader industry concern linked to misinformation around wage-related issues rather than isolated workplace disputes.

No operational disruption reported

Despite the protests, Dixon said there has been no disruption to production or supply chain activity.

The company reiterated that its facilities continue to operate normally and remain fully compliant with statutory requirements.

Q3 performance in focus

The update comes shortly after Dixon Technologies reported its Q3 FY26 earnings. The company posted revenue of Rs 10,671 crore, up 2.1 per cent year-on-year, but slightly below street expectations of around Rs 10,783 crore, according to a CNBC-TV18 poll.

The weaker performance was mainly due to pressure in the mobile segment, where revenue fell 27 per cent sequentially, even though it grew 5 per cent year-on-year. The segment continues to account for about 92 per cent of total revenue.

EBITDA for the quarter stood at Rs 414.6 crore, rising 5.8 per cent year-on-year.

Stock slips after update

Shares of Dixon Technologies ended the session at Rs 10,571 on the NSE on Monday, down Rs 105 or 0.98 per cent, as investors tracked both earnings trends and developments around labour unrest in Noida.