Cyient Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
April 25, 2024 at 04:14 pm IST
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Cyient Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 18,608 million compared to INR 17,514 million a year ago. Revenue was INR 18,842 million compared to INR 17,519 million a year ago. Net income was INR 1,892 million compared to INR 1,632 million a year ago. Basic earnings per share from continuing operations was INR 17.22 compared to INR 14.91 a year ago. Diluted earnings per share from continuing operations was INR 17.07 compared to INR 14.79 a year ago.
For the full year, sales was INR 71,472 million compared to INR 60,159 million a year ago. Revenue was INR 72,131 million compared to INR 60,973 million a year ago. Net income was INR 6,828 million compared to INR 5,144 million a year ago. Basic earnings per share from continuing operations was INR 62.24 compared to INR 47.03 a year ago. Diluted earnings per share from continuing operations was INR 61.71 compared to INR 46.71 a year ago.
Cyient Limited is an India-based global engineering and technology solutions company. The Company is engaged in providing global technology services and solutions, specializing in geospatial, engineering design, information technology solutions and data analytics. It also specializes in the areas of total electronics manufacturing solutions in the fields of medical, industrial, automotive, telecommunications, defense and aerospace applications, including manufacturing and machining of components for aerospace, automotive and defense industries. Its segments include Digital, Engineering and Technology; Design Led Manufacturing (DLM), and Others. The Digital, Engineering and Technology segment includes transportation, connectivity, hi-tech, automotive, semicon and medical technologies, and the digital, embedded solutions are across the business units. The DLM segment is engaged in the business of electronic manufacturing services. Its platforms include CyFAST, CyMedge, and PlatformX.
CYIENT LIMITED 
