Cyient Q4 PAT grows 8% QoQ to Rs 103 cr
On a consolidated basis, Cyient's net profit rose 8.07% to Rs 103.10 crore on 4.67% rise in net sales to Rs 1,093.10 crore in Q4 FY21 over Q3 FY21. The group revenue stood at $149.9 million in Q4 FY21, growing of 6% Q-o-Q (quarter-on-quarter) (4.7% in CC) from Q3 FY21 and 0.4% Y-o-Y (year-on-year) in Q4 FY20. Services revenue was at $119.60 milion in Q4 FY21, rising 3.7% Q-o-Q (2.2% in CC) from Q3 FY21. DLM revenue during the quarter stood at $30.3 million, jumping 16.4% Q-o-Q, while recording a growth of 78.6% Y-o-Y. The consolidated normalized EBIT margin stood at 12.6% in Q4 FY21; up by 1...
Source: business-standard.com