With another muted quarter, Cyient?s core business, DNO and Engineering, grew only 1/0.5% QoQ/YoY, mostly fueled by Rangsons (up 13.8% QoQ). But the management is optimistic about growth revival in the core business (lower double digits) and guided for ~50% growth in Rangsons. The company has laid out a new promising organisational structure (eight new units), but how much it pays off, only time will tell.