The shares of Cyient Restricted had been buying and selling at ₹1,421.45 down by ₹333.80 or 19.02 per cent on the NSE in the present day at 10.15 am.
Cyient Restricted introduced its third-quarter monetary outcomes for fiscal 12 months 2025, highlighting important management adjustments and continued progress in its semiconductor enterprise. The corporate reported a quarterly group income of $228 million, representing a 4.5 per cent year-on-year progress in fixed forex.
The Digital, Engineering and Expertise (DET) phase delivered income of $175.2 million, with a modest 2.4 per cent quarter-on-quarter progress. Notably, the corporate’s order consumption reached $312.3 million in Q3, marking the highest-ever determine for Cyient DET and displaying a virtually 100 per cent quarter-on-quarter improve. The corporate secured 13 giant offers with a complete contract potential of $234.5 million.
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A key growth is the surprising departure of Karthikeyan Natarajan as Govt Director and CEO, with Krishna Bodanapu taking interim cost of operations. The corporate additionally strengthened its board by inducting Debjani Ghosh, a Distinguished Fellow at NITI Aayog, as an Unbiased Director.
The semiconductor division continues to point out promise, with the corporate increasing its partnership with Allegro Microsystems and establishing a Heart of Excellence at its Manikonda campus. The board has authorized exploring further capital increase choices for the semiconductor subsidiary, signaling confidence within the enterprise’s progress potential.
Regardless of challenges together with wage will increase and forex headwinds, Cyient stays optimistic about its future, significantly in semiconductor engineering, having been recognised as a Star Performer by Everest Group of their 2024 evaluation.
