Cyient DLM Q4 results today: Here is how shares are faring in morning trade and other key details

In the early trade, the stock was trading at ₹475, up 0.64% on the NSE.

In July 2023, Cyient DLM shares made a strong debut in the secondary market. The electronic manufacturing services firm's IPO received an overall subscription of more than 67 times the equity on offer. The stock debuted at ₹401 on the BSE — a premium of 51.3% over the upper end of the IPO price range.

The price band for the Cyient DLM IPO was set between ₹250 and ₹265 per share.

On the NSE, shares got listed at ₹403 apiece, a premium of 52%. The stock ended the listing day at a premium of around 59%, at ₹420.8 and ₹421.8 apiece on BSE and NSE, respectively.

Q3 FY25 Results

Cyient said that its revenue grew 38% year-on-year (YoY) to ₹444 crore in the December quarter. However, profit after tax was down 41.7% YoY to ₹10.8 crore due to higher expenses.

Employee costs and other expenses were higher in Q3 FY25 due to consolidation with Altek Electronics Inc -- a firm that Cyient DLM acquired in October 2024, the company said in a regulatory filing.

The company's operating profit, or earnings before interest, tax, depreciation and amortisation (EBITDA), also fell 5.3% YoY to ₹27.9 crore in the December quarter.

Cyient DLM's order backlog at the end of December 2024 also declined by ₹152 crore to ₹2,143 crore on a year-on-year basis, it added.

Besides, in December 2024, Cyient DLM said it has signed a memorandum of understanding (MoU) with renewable energy solutions provider Arcedo Systems to establish a 500 kWp solar power plant at its Mysore facility.

Arcedo Systems will design, engineer, install and maintain the solar power plant, the company said in a statement.

"The project will operate under a long-term power purchase agreement, where Cyient DLM will procure solar power generated at the facility," it said.

Cyient DLM stock performance

Shares of the company have plunged 29% so far in 2025. In the past year, the stock price has fallen over 28%.