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Cyient reports 6% fall in Q1 consolidated net profit

13 Jul 2018 Evaluate

Cyient has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 8.79% in its net profit at Rs 79.20 crore for the quarter under review as compared to Rs 72.80 crore for the same quarter in the previous year. Total income of the company increased by 10.31% at Rs 406.40 crore for Q1FY19 as compared Rs 368.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 6.04% in its net profit at Rs 82.50 crore for the quarter under review as compared to Rs 87.80 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 16.18% at Rs 1096.90 crore for Q1FY19 as compared Rs 944.10 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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