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Cyient reports 14% rise in Q2 consolidated net profit

19 Oct 2018 Evaluate

Cyient has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 77.61% in its net profit of Rs 151.50 crore for the quarter under review as compared to Rs 85.30 crore for the same quarter in the previous year. Total income of the company increased by 29.74% at Rs 509.50 crore for Q2FY19 as compared Rs 392.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 14.09% in its net profit of Rs 127.10 crore for the quarter under review as compared to Rs 111.40 crore for the same quarter in the previous year. Total income of the company increased by 23.56% at Rs 1,243.80 crore for Q2FY19 as compared Rs 1,006.60 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2528.00
Infosys 1154.50
HCL Technologies 1424.00
Wipro 189.75
Tech Mahindra 1789.40
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