Cyient Ltd.

NSE: CYIENT | BSE: 532175 | ISIN: INE136B01020 | Industry: IT Consulting & Software
| Mid-range Performer
1304.3000 10.90 (0.84%)
NSE May 16, 2025 15:31 PM
Volume: 368.4K
 

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Cyient Ltd.
17 Oct 2021, 12:00AM
1304.30
0.84%
IDBI Capital
Consolidated revenue grew by 4.6%/11.2% QoQ/YoY in US$ and +5.6% in CC, was better than our forecast. EBIT margin of 14%, +90bps QoQ, primarily led by expansion in the IT services revenue. DLM business (16.6% of revenue) grew by 5.4%/22.3% QoQ/YoY to US$25.5mn, Services business also grew by 4.5% /9.2% QoQ/YoY in US$ and 5.5% QoQ in CC. Utilities vertical (9.9% of revenue) reported a healthy growth of +27.4%/47.4% QoQ/YoY, also Portfolio business (32.8% of revenue) grew by +11.7%/17.7% QoQ/YoY. For FY22, CYL reiterated its guidance for a double digit revenue growth in CC in services business, 20%+ growth for DLM and ~250bps YoY improvement in consolidated EBIT margin....
Cyient Ltd. has gained 10.60% in the last 1 Week
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