Cyient Q1 FY27 results: Net profit rises 90%; revenue grows to ₹2,076 crore QoQ

The company’s revenue from operations surged 7.7% on a quarter-on-quarter (QoQ) basis to ₹2,076 crore during the quarter under review, compared to ₹1,927 crore in the March quarter of the 2025-26 fiscal year (Q4 FY26).

At an operational level, its EBIT (earnings before interest and taxes) stood at ₹187 crore, registering a growth of 7.7% QoQ from ₹1,927 crore. The EBIT margin also increased to 9% in Q1 FY27 in contrast to 8.1% recorded in the previous quarter of FY26.

Cyient’s Digital, Engineering, and Technology (DET) segment reported revenue of ₹1,540 crore, reflecting a quarter-on-quarter growth of 2.7% and a year-on-year (YoY) increase of 10.6%. However, in constant currency terms, DET revenue saw a marginal decline of 0.5% QoQ and 0.9% YoY.

The DET business generated free cash flow (FCF) of ₹114 crore during the period, with an FCF to normalised PAT conversion of 80.5%.

Commenting on the results, Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, said, “Q1 FY27 marks a strong start to the year for Cyient Group, reinforcing the underlying strength of our business and the tangible results of the investments we have made over the last few quarters.”

For Q1 FY27, Bondapau said Cyient Semiconductors delivered a strong performance, achieving its fifth consecutive quarter of organic growth in the core business while successfully advancing the integration of Kinetic Technologies.

“Looking ahead, with a strengthened balance sheet, a maturing pipeline, and strong momentum across all segments, I am confident that our scalable operating model and the depth of our leadership team will continue to drive sustainable growth and long-term shareholder value creation,” added Bondapau.

Cyient DLM also had a strong start to the year, the highest-ever order book, healthy revenue growth, and sustained double-digit EBITDA margins.

Sukamal Banerjee, Executive Director and Chief Executive Officer, Cyient, said, “Q1 FY27 was a quarter of satisfactory growth over broad segments of the business. Our large-deal engine is building real momentum, with the highest pipeline in the last 12 quarters.”

On Thursday, Cyient shares closed at ₹830.65 apiece on the National Stock Exchange, falling 1.5%. The earnings, however, came after the market hours.