Cyient reports 50% rise in Q4 consolidated net profit
21st Apr 2022

Cyient has reported results for fourth quarter and year ended March 31, 2022.

The company has reported over 6-fold jump in its net profit at Rs 287.40 crore for the quarter under review as compared to Rs 46.10 crore for the same quarter in the previous year. Total income of the company increased by 97.18% at Rs 684.20 crore for Q4FY22 as compared Rs 347 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 49.56% in its net profit at Rs 154.20 crore for the quarter under review as compared to Rs 103.10 crore for the same quarter in the previous year. Total income of the company increased by 8.58% at Rs 1,230.60 crore for Q4FY22 as compared Rs 1,133.40 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported 2-fold jump in its net profit at Rs 569.10 crore as compared to Rs 278.10 crore for the previous year. Total income of the company increased by 35.08% at Rs 2,025.80 crore for year under review as compared to Rs 1,499.70 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 43.57% in its net profit at Rs 522.30 crore as compared to Rs 363.80 crore for the previous year. Total income of the company increased by 8.76% at Rs 4,646.50 crore for year under review as compared to Rs 4,272.30 crore for year ended March 31, 2021.