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Cyient reports 10% fall in Q1 consolidated net profit

17 Jul 2020 Evaluate

Cyient has reported results for first quarter ended June 30, 2020.

The company has reported 33.68% rise in its net profit of Rs 90.90 crore for the quarter under review as against Rs 68.00 crore for the same quarter in the previous year. Total income of the company increased by 1.58% at Rs 410.50 crore for Q1FY21 as compared Rs 404.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 10.06% fall in its net profit attributable to shareholders at Rs 81.40 crore for the quarter under review as against Rs 90.50 crore for the same quarter in the previous year. Total income of the company decreased by 5.11% at Rs 1060.10 crore for Q1FY21 as compared Rs 1117.20 crore for the corresponding quarter previous year.

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