6 days ago
Cyient Q1 net profit rises 7%
Hyderabad: Engineering solutions player Cyient Ltd on Thursday said it posted a modest 7% rise in consolidated net profit for the first quarter ended June 30, 2025, at a little over Rs 157 crore compared to around Rs 148 crore in the corresponding quarter of the financial year 2024-25 (FY25).
This was on a marginal 2% rise in revenue from contracts with customers to around Rs 1712 crore in Q1FY26, as against Rs 1676 crore in Q1FY25. The company also said it is sitting on cash reserves of Rs 1894 crore at the group level, which, along with the company's profitability, positions it well to drive growth across the group's diversified portfolio of digital, engineering and technology (DET) business, design-led manufacturing, and semiconductors business, Cyient Executive vice chairman & managing director Krishna Bodanapu said.
Bodanapu said with the completion of the carving-out process for Cyient Semiconductors, the company is poised to tap high-growth opportunities in cutting-edge semiconductor technologies with capabilities in high-performance analog and mixed-signal ASIC across industries that will play a key role in charting the group's future growth.
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