Cyient reports 16% rise in Q3 consolidated net profit

17 Jan 2020 Evaluate

Cyient has reported results for third quarter ended December 31, 2019.

The company has reported 25.51% rise in its net profit at Rs 92.50 crore for the quarter under review as compared to Rs 73.70 crore for the same quarter in the previous year. Total income of the company increased by 11.75% at Rs 442.40 crore for Q3FY20 as compared Rs 395.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 16.32% in its net profit at Rs 107.60 crore for the quarter under review as compared to Rs 92.50 crore for the same quarter in the previous year. However, total income of the company decreased by 1.14% at Rs 1155.70 crore for Q3FY20 as compared Rs 1169.00 crore for the corresponding quarter previous year.

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