Cyient Ltd.
-1.40 (-0.12%) Cyient reports 23% fall in Q2 consolidated net profit
Date: 18-10-2019Cyient has reported results for second quarter ended September 30, 2019.
The company has reported 41.58% fall in its net profit at Rs 88.50 crore for the quarter under review as compared to Rs 151.50 crore for the same quarter in the previous year. Total income of the company decreased by 15.68% at Rs 429.60 crore for Q2FY20 as compared Rs 509.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 23.23% in its net profit at Rs 97.50 crore for the quarter under review as compared to Rs 127.00 crore for the same quarter in the previous year. Total income of the company decreased by 4.70% at Rs 1185.30 crore for Q2FY20 as compared Rs 1243.80 crore for the corresponding quarter previous year.