Cyient announced its financial results for the quarter ended September 30, 2026, showcasing robust performance. The company reported a 15.7% YoY increase in revenue for its Digital, Engineering, and Technology (DET) segment, reaching INR 1,664 crores. EBIT also saw significant growth, rising 16.8% QoQ to INR 237 crores. A healthy order intake of 20.8% YoY and an interim dividend of INR 12 per share were also highlighted.
Cyient Reports Strong Q2 Performance
Cyient, a global lifecycle engineering company, has announced its financial results for the second quarter of FY27, ended September 30, 2026. The company demonstrated sustained business momentum with notable growth in revenue, order intake, and profitability.
Financial Highlights for Q2 FY27
The company’s Digital, Engineering, and Technology (DET) segment reported a revenue of INR 1,664 crores, marking a 8.1% growth QoQ and a substantial 15.7% growth YoY. Organic growth for the segment stood at 2.1% QoQ and 9.3% YoY.
Earnings Before Interest and Taxes (EBIT) for Cyient DET reached INR 237 crores, with a margin of 14.2%. This represents a significant 16.8% growth QoQ. Profit After Tax (PAT) stood at INR 153 crores, showing an 8.7% growth QoQ. Free Cash Flow (FCF) was reported at INR 214 crores, with a strong FCF to PAT conversion of 139%.
Furthermore, the Q2 FY27 order intake grew by an impressive 20.8% YoY. In line with its commitment to shareholders, the Board has declared an interim dividend of INR 12 per share.
Segment Performance and Outlook
Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, commented on the results, stating, “Q2 FY27 reflects sustained momentum across Cyient Group, with record order books and continued investment in our next phase of growth.” He highlighted the 8% QoQ revenue growth in Cyient Semiconductors and the progress in AI data-center power products.
Sukamal Banerjee, Executive Director and Chief Executive Officer, noted that Q2 FY27 was a strong quarter where the company’s Intelligent Lifecycle Engineering strategy began to show tangible results. He emphasized the highest-ever Q2 order intake and a 39.7% YoY growth in technology order intake, signalling strong customer value for AI grounded in engineering. The company anticipates significant opportunities for expansion and growth by deepening engagements across the product and asset lifecycle.
Source: BSE