IT Consulting & Software company Cyient announced Q2FY26 results Revenue: Rs 1,781 crore, change -3.7% YoY. PAT: Rs 128 crore, change -28.8% YoY. EPS: Rs 11.55 for Q2FY26, change -29.0% YoY. Krishna Bodanapu, Executive Vice Chairman and Managing Director, said: “This quarter, Cyient Group sustained its growth momentum, delivering results in line with expectations across key segments, even amid a challenging macroeconomic and geopolitical environment. Our sound cash position and profitability underscore our strength and readiness to deliver growth across our diversified portfolio of DET, DLM, and Semiconductors. Cyient Semiconductors delivered a strong rebound in Q2 with 12% growth, reflecting a renewed focus on execution and customer momentum. As we continue to invest in strengthening partnerships, leadership and advisory depth, and a high-caliber team, I am confident that Cyient Semiconductors will not only deliver strong results in the coming quarters but also shape the future growth of Cyient. Under the new leadership of DET, we continue to witness sustained growth and strong recovery across our key industry segments. We won several notable deals including a large deal from an Aerospace customer who selected Cyient as a partner to strengthen their engineering operations. We expanded our customer base with several new additions while deepening relationships with our existing key accounts. We have further invested in our technology portfolio, integrating our engineering and domain expertise with capabilities in data and AI to deliver intelligent engineering solutions at scale to our customers. Our engineering strength, technology leadership, and strategic partnerships continue to earn industry recognition for delivering innovative, value-driven solutions. With a strong leadership team, resilient business model, and a purpose-driven culture, we look forward to building on our momentum and delivering a stronger performance in FY26.” Prabhakar Atla, President and Chief Financial Officer, said: “DET posted a healthy performance this quarter, delivering a revenue of USD 164.4 million, a growth of 50 bps in constant currency. In rupee terms, revenue stood at Rs 1438 crore, with QoQ growth of 3.3%. Achieving this growth despite ongoing macroeconomic uncertainties and the traditionally challenging Q2FY26 underscores DET’s execution strength and resilience. On the EBIT front, DET delivered a Q2 EBIT margin of 12.2%, marking a 20bps sequential expansion. This was achieved despite the headwinds from the second tranche of wage hikes. We are pleased to report that our ongoing Cost Optimization program enabled us to fully offset these additional expenses, and the program is already producing tangible results. DET’s cash conversion remains exceptionally strong, with Free Cash Flow to PAT conversion for Q2 at 114%. We continue to maintain a sharp focus on cash generation as a key business priority. These results signal positive momentum as we look ahead to the coming quarters for a stronger H2FY26.” Result PDF