CYIENT news
CYIENT reported a 0.9% sequential decline in March quarter revenue to ₹1,909.2 crore, citing prolonged macroeconomic challenges. EBIT margins improved to 12.3%, and profit after tax rose 39.4% to ₹170.4 crore.
The DET services segment saw a 3% drop in dollar revenue and a 41% fall in order intake. Weak demand persisted across verticals, with shares closing flat at ₹1,243.05.
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