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Cyient reports 21% rise in Q4 consolidated net profit
Apr-26-2024

Cyient has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 2.86% rise in its net profit at Rs 115.10 crore for the quarter under review as compared to Rs 111.90 crore for the same quarter in the previous year. Total income of the company increased by 1.97% at Rs 626.90 crore for Q4FY24 as compared Rs 614.80 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported  20.65% rise in its net profit at Rs 196.90 crore for fourth quarter ended March 31, 2024 as compared to Rs 163.20 crore for the same quarter in the previous year. Total income of the company increased by 7.55% at Rs 1,884.20 crore for Q4FY24 as compared Rs 1,751.90 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 40.16% rise in its net profit at Rs 497.30 crore as compared to Rs 354.80 crore for the previous year. Total income of the company increased by 9.80% at Rs 2,536.50 crore for year under review as compared to Rs 2,310.10 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 36.63% rise in its net profit at Rs 702.80 crore as compared to Rs 514.40 crore for the previous year. Total income of the company increased by 18.30% at Rs 7,213.10 crore for year under review as compared to Rs 6,097.30 crore for year ended March 31, 2023.


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