Cyient reports 24% growth in Q2 consolidated net profit

17 Oct 2014 Evaluate

Cyient has reported results for second quarter ended September 30, 2014.

The company has registered 6.85% rise in its net profit at Rs 70.36 crore for the quarter under review as compared to Rs 65.85 crore for the same quarter in the previous year. Total income of the company has increased 10.83% at Rs 356.54 crore for Q2FY15 as compared Rs 321.71 crore for the corresponding quarter previous year.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 24.44% growth at Rs 90.18 crore against Rs 72.47 crore in the September quarter of previous fiscal. The company’s total income has increased by 26.78% at Rs 706.43 crore for the quarter under review from Rs 557.21 crore in the similar quarter of previous year.

 

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