New Delhi, July 31 -- Dixon Technologies Ltd, India's largest listed electronics manufacturer, reported lower-than-expected profit for the April-June quarter as supply-chain disruptions, higher raw material costs and the expiry of a key government incentive scheme squeezed margins despite robust revenue growth.

Excluding the exceptional gain from the sale of its stake in Aditya Infotech, the Noida-based company's net profit fell 2% year-on-year (y-o-y) to Rs.218 crore, missing analysts' expectations - a Bloomberg poll of 22 analysts had projected expected net profit of Rs.228.3 crore.

A 23% rise in cost of materials to Rs.15,064 crore further hit profitability. The cost pressures also affected Dixon's operating margin, which in the June...