Intelligent engineering solutions provider Cyient recently announced its consolidated net profit for the September quarter, revealing a 23% decrease. The company reported a net profit of ₹142.9 crore, down from ₹186.6 crore in the same period last year.
This decline in profit occurred even as the total income saw a modest nearly 4% reduction, settling at ₹1,831 crore compared to ₹1,900 crore previously. Despite the dip in earnings, Cyient has affirmed its commitment to shareholders by declaring an interim dividend of ₹16 for each equity share, which has a par value of ₹5.
Krishna Bodanapu, Executive Vice Chairman and MD of Cyient, commented on the results, stating that the Cyient Group successfully maintained its growth trajectory, achieving expected outcomes across its primary business areas. This was accomplished even amidst the challenges posed by the current macroeconomic and geopolitical climate.
A recent update from Cyient highlighted their strong performance for Q2 FY26, noting an EBIT margin of 12.2%, a Profit After Tax (PAT) of ₹137 crore, and a Free Cash Flow (FCF) of ₹157 crore, which represents 114% of the PAT. Their Design-Led Manufacturing (DET) segment saw an increase of 3.3% quarter-over-quarter and 4.5% year-over-year, reaching ₹1,438 crore, with semiconductors growing by 14.7% quarter-over-quarter. The company emphasized that AI-led innovation continues to power its journey in Intelligent Engineering.
Executive Director and CEO Sukamal Banerjee added that “Q2 FY26 represents significant headway for Cyient, marking a clear shift from a phase of stabilization towards sustained growth momentum, a testament to the company’s resilience. We’ve also observed renewed vigor across our core verticals.”
He further elaborated that Cyient’s transformational efforts are well underway, fueled by strategic investments in cutting-edge technology and innovation, as detailed in a recent company release.