Cyient has reported results for second quarter ended September 30, 2020.
The company has reported 26.10% fall in its net profit of Rs 65.40 crore for the quarter under review as compared to net profit of Rs 88.50 crore for the same quarter in the previous year. Total income of the company decreased by 14.22% at Rs 368.50 crore for Q2FY21 as compared Rs 429.60 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 14.82% fall in its net profit attributable to shareholders of Rs 83.90 crore for the quarter under review as against net profit of Rs 98.50 crore for the same quarter in the previous year. Total income of the company decreased by 14.57% at Rs 1,012.60 crore for Q2FY21 as compared Rs 1,185.30 crore for the corresponding quarter previous year.
