New Delhi, Oct. 30 -- Contract electronics makers Dixon Technologies India Ltd and Syrma SGS Technology Ltd reported much higher second-quarter revenue. However, while Syrma, the smaller of the two, saw its profit double, Dixon's profit fell without the one-time gain in the previous period, and higher working capital burden.

Dixon's total revenue from operations rose 47% from the same period last year to Rs.21,794 crore, and 40% from the previous quarter. Net profit fell 45% to Rs.411 crore, mainly due to accounting: Dixon recorded a fair-value gain of Rs.57 crore on its stake in Aditya Infotech, compared to Rs.465 crore a year earlier. Excluding that gain and a Rs.28 crore profit from selling its lighting business last year, adjusted ne...