Market News
3 min read | Updated on April 24, 2025, 18:35 IST
SUMMARY
The net profit of the company rose 39% to ₹170.4 crore for the reporting quarter as compared to ₹122.3 crore in the previous quarter. However, the profit after tax saw a strong decline of 6% to ₹163 crores on YoY basis.
Stock list
The company’s Board of directors have also announced a final dividend of ₹14/- per equity share. Image | Shutterstock
Technology firm Cyient Limited on Thursday, April 24, reported a quarter-on-quarter (QoQ) decline of 0.9% in revenue to ₹1,909.2 crore as compared to the ₹5,816 crore revenue for FY25. The company posted a profit of ₹170.4 crore in the fourth quarter of the last financial year, according to an exchange filing on Thursday.
However, EBIT (Earnings Before Interest, Taxes) margins improved by 5% ₹234.8 crore as compared to ₹223.3 crore in the previous quarter.
The net profit of the company rose 39% to ₹170.4 crore for the reporting quarter as compared to ₹122.3 crore in the previous quarter. However, the profit after tax saw a strong decline of 6% to ₹163 crores on YoY basis.
The company’s Board of directors have also announced a final dividend of ₹14/- per equity share on the par value of ₹5 per share for the financial year FY24-25.
Commenting on the results, Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, said, “For FY25, Cyient Group delivered US$ 870 Mn in revenue at a YoY growth of 1.5% in constant currency, EBIT of 12%, decline of 258 bps YoY, PAT of Rs 622 crore de-growth of 15.4%, and FCF of Rs 688 crore at YoY growth of 6.2%.”
He further added, “I am also happy to share that we have launched our semiconductor subsidiary and as we shared with you on April 8, 2025 appointed Suman Narayan as the CEO of Cyient Semiconductors. Suman is a globally recognized professional in the semiconductor industry."
Shares of Cyient Ltd ended the trading session on April 24 at ₹1,243.05 with a slight decline of 0.26%.
The company’s design, engineering and technology (DET) services segment, a core business unit, reported revenue of US$ 688 million, reflecting a 3% year-on-year decline in constant currency terms.
The EBIT margin for the DET business stood at 13.5%, marking a decrease of 261 basis points compared to the previous year. Order intake for the full year came in at US$ 836 million, representing a year-on-year drop of approximately 7%. This decline is partly attributed to evolving uncertainties during FY25 relative to the previous fiscal year. During the year, the DET business secured 24 large deals with a total contract value of US$ 370.8 million.
The company has further mentioned that, “This is to inform that the Leadership, Nomination and Remuneration Committee has granted 27,000 RSUs and 2,00,000 options to the associates of the Company and its subsidiaries under Associate Restricted Stock Units Scheme 2020 and Associate Stock Option Plan 2023 respectively”.
About The Author
Next Story