Cyient reports 18% rise in Q3 consolidated net profit

12 Jan 2023 Evaluate

Cyient has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a rise of 4.70% in its net profit at Rs 111.30 crore for the quarter under review as compared to Rs 106.30 crore for the same quarter in the previous year. Total income of the company increased 30.66% at Rs 626.80 crore for Q3FY23 as compared to Rs 479.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 18.36% in its net profit at Rs 156.00 crore for the quarter under review as compared to Rs 131.80 crore for the same quarter in the previous year. Total income of the company increased 36.52% at Rs 1645.70 crore for Q3FY23 as compared to Rs 1205.50 crore for the corresponding quarter previous year.

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