New Delhi, Feb. 14 -- Companies in the EMS space reported a healthy set of numbers for the December quarter (Q3FY25). Dixon saw the highest year-on-year (YoY) revenue growth at 117%, followed by PG Electroplast at 82%.

In terms of PAT, Avalon Technologies was the standout performer, growing 3.6x. Syrma SGS recorded the lowest YoY revenue growth at 23%, but a 137% increase in PAT, driven by a lower share of its low-margin business, which excited the Street, said domestic brokerage firm JM Financial.

For Kaynes, it was a relatively muted quarter, with revenue and PAT growth of 30% and 47%, respectively. Meanwhile, for Cyient DLM, a YoY contraction in the order book despite an acquisition remained a key concern.

Following the December qua...