Cyient Q2 net dips on higher income, declares ₹12 interim dividend
Engineering services firm Cyient reported a decline in Q2 net profit to ₹132.5 crore despite an increase in total income. The company remains optimistic about growth in the defense, semiconductor, and AI sectors.
Why it matters
The results reflect broader trends in the engineering services sector, where rising operational costs are impacting bottom lines despite strong order books.
Cyient Q2 net dips on higher income, declares ₹12 interim dividend HYDERABAD Engineering services company Cyient reported consolidated net profit for the September quarter declined to ₹132.5 crore compared to ₹142.9 crore in the year earlier period. The net profit came on a total income that rose to ₹2,243.6 crore (₹1,831 crore). On a sequential basis, the net profit and total income were higher compared to ₹108.7 crore and ₹2,082.6 crore respectively. Cyient declared an interim dividend of ₹12 per equity share.
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