Cyient Profit Rises 44% To Rs 121 Crore In September Quarter, Order Intake Up 23%
NDTV
Cyient Q2 Results: Revenue from operations in the September stood at Rs 1,111.6 crore, compared to Rs 1,003.3 crore in the year-ago period, registering a growth of 10.79 per cent year-on-year
Global technology solutions company Cyient Limited announced its July-September quarter results for the financial year 2021-22 today, reporting a net profit of Rs 121.3 crore on a consolidated basis, compared to Rs 83.9 crore in the corresponding period last year, marking a growth of 44 per cent year-on-year.
The IT company's revenue from operations in the second quarter of the current fiscal stood at Rs 1,111.6 crore, compared to Rs 1,003.3 crore in the year-ago period, registering a growth of 10.79 per cent year-on-year, according to a regulatory filing by the company to the stock exchanges.
''Our strategic wins and recognitions by analysts and customers across industries and technologies reaffirm that Cyient continues to be a trusted and innovative partner of choice.
The new global logos, the contribution of large deals, and the strong pipeline in place indicate that our growth pillars are delivering impact and will help accelerated growth in coming quarters,'' said Krishna Bodanapu, Managing Director and CEO, Cyient.
