Cyient Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 17, 2019 at 11:22 am
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Cyient Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on consolidated basis, the company reported revenue from operations of INR 11,877 million compared to INR 9,833 million a year ago. Profit before exceptional item and tax was INR 1,191 million compared to INR 1,172 million a year ago. Total revenue was INR 11,690 million compared to INR 10,130 million a year ago. Net profit was INR 925 million or INR 8.16 per basic share compared to INR 871 million or INR 7.80 per basic share a year ago. Diluted earnings per share were INR 8.14 against INR 7.77 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 34,546 million compared to INR 28,557 million a year ago. Profit before exceptional item and tax was INR 4,120 million compared to INR 3,914 million a year ago. Total revenue was INR 35,097 million compared to INR 29,637 million a year ago. Net profit was INR 3,011 million or INR 26.73 per basic share compared to INR 2,819 million or INR 25.49 per diluted share a year ago. Diluted earnings per share were INR 26.68 against INR 25.38 a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 4,130 million compared to INR 3,775 million a year ago. Profit before exceptional item and tax was INR 892 million compared to INR 1,742 million a year ago. Total revenue was INR 3,959 million compared to INR 4,601 million a year ago. Net profit was INR 737 million or INR 6.52 per basic share compared to INR 1,439 million or INR 12.78 per diluted share a year ago. Diluted earnings per share were INR 6.51 against INR 12.78 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 12,045 million compared to INR 10,614 million a year ago. Profit before exceptional item and tax was INR 3,806 million compared to INR 3,848 million a year ago. Total revenue was INR 13,118 million compared to INR 12,212 million a year ago. Net profit was INR 3,044 million or INR 26.95 per basic share compared to INR 3,020 million or INR 26.83 per basic share a year ago. Diluted earnings per share were INR 26.90 against INR 26.71 a year ago.
Cyient Limited is an India-based global intelligent engineering and technology solutions provider specializing in geospatial, engineering design, information technology (IT) solutions and data analytics. The Company's capabilities include digital, engineering, manufacturing, semiconductor, geospatial, management consulting and enterprise private networks. Its segments include Digital, Engineering & Technology segment; Design led Manufacturing (DLM), and Others. Digital, Engineering & Technology segment includes transportation, connectivity, sustainability and new growth areas such as hi-tech, automotive, semicon and medical technologies, while the digital, embedded solutions are across all the business units. DLM segment includes Cyient DLM Limited. DLM segment is engaged in the business of manufacturing and providing electronic manufacturing services. Others segment includes Cyient Solutions and Systems Private Limited and aerospace tooling division of Cyient Defense Services Inc.
CYIENT LIMITED 
