Cyient Q1 result: Net profit rises 6.9% YoY to ₹154 crore, revenue up 6.3%

Cyient on Thursday, July 24, reported a 6.9% year-on-year (YoY) increase in its consolidated net profit to ₹153.8 crore in the first quarter of FY26, as against ₹143.9 crore in the corresponding period a year ago.

However, sequentially, the net profit fell 9.7% quarter-on-quarter (QoQ) from ₹1,170.4 crore in Q4FY25.

The company’s revenue from operations stood at ₹1,781.5 crore in the quarter under review, rising 6.3% YoY from ₹1,675.7 crore in the June quarter of FY25. On a quarterly basis, the revenue declined 8.7% QoQ from ₹1,950.2 crore.

At an operational level, the MNC’s EBIT (earnings before interest and tax) fell 15.8% QoQ to ₹232.5 crore in the June FY26 quarter, compared to ₹276.2 crore in the previous quarter. Its EBIT margin contracted to 13% from 14.1%, sequentially.

Commenting on the results, Sukamal Banerjee, Executive Director and Chief Executive Officer, Cyient, said: “We are seeing strong traction in new growth opportunities, with a clear shift in our pipeline towards more transformation-led engagements. This momentum is being driven by our Domain + AI approach, which combines next-generation digital and AI solutions with the deep industry knowledge we have built through years of collaboration.”

“The impact of this strategy is already visible in Q1, with several key deal wins where customers have chosen Cyient to digitize core operations and establish Centers of Excellence to accelerate their AI adoption,” he added.

“I am energized by what we are building at Cyient and remain deeply committed to delivering Intelligent Engineering solutions that help our customers be future-ready. I extend my gratitude to all our associates for their dedication and to our customers for their continued trust in us,” Banerjee said.

Shares of Cyient closed 2.98% lower at ₹ 1,242.20 apiece on the National Stock Exchange (NSE). However, the results were declared after the markets closed.

It has a total market capitalisation of ₹13,798.63 crore, as of July 24, 2025, as per data on the NSE.