Cyient reports 14% rise in Q3 consolidated net profit
Date: 12-01-2017Cyient has reported results for third quarter ended December 31, 2016.
The company has reported 19.14% rise in its net profit at Rs 72.15 crore for the quarter under review as compared to Rs 60.56 crore for the same quarter in the previous year. Total income of the company increased by 10.01% at Rs 353.94 crore for the quarter under review as compared Rs 321.72 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 13.80% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 94.16 crore for the quarter ended December 31, 2016 as compared to Rs 82.74 crore for the same quarter in the previous year. Total Income of the company increased by 17.44% to Rs 948.89 crore for quarter under review from Rs 807.95 crore for the quarter ended December 31, 2015.