Cyient reports 17% falls in consolidated Q3 net profit
Date: 24-01-2025Cyient has reported results for third quarter ended December 31, 2024 (Q3FY25).
The company has reported 48.11% decline in its net profit at Rs 71.30 crore for Q3FY25 as compared to Rs 137.40 crore for the same quarter in the previous year. Total income of the company declined by 8.69% at Rs 589.30 crore for Q3FY25 as compared to Rs 645.40 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 16.64% decline in its net profit at Rs 127.70 crore for the quarter ended December 31, 2024, as compared to Rs 153.20 crore for the same quarter in the previous year. However, total income of the company increased by 3.78% at Rs 1909.80 crore for Q3FY25 as compared to Rs 1840.20 crore for the corresponding quarter previous year.