Cyient shares rally 9% after Q2 revenue rises 25%; board declares Rs 12/sh interim dividend
60-Word AI Digest
Cyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue to Rs 2,235 crore in Q2 FY27. Net profit declined 8% to Rs 132 crore. The board declared an interim dividend of Rs 12 per share, while its DET business reported stronger revenue and order intake.
Key Takeaways
- Cyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue to Rs 2,235 crore in Q2 FY27.
- Net profit declined 8% to Rs 132 crore.
- The board declared an interim dividend of Rs 12 per share, while its DET business reported stronger revenue and order intake.
Cyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue to Rs 2,235 crore in Q2 FY27. Net profit declined 8% to Rs 132 crore. The board declared an interim dividend of Rs 12 per share, while its DET business reported stronger revenue and order intake.
Original Publisher Attribution
This summary was curated from Economic Times.