Cyient’s Board of Directors has approved the unaudited financial results for Q3 FY26 and the nine months ending December 31, 2025. There have been some leadership changes, including the resignation of Ms. Matangi Gowrishankar as an Independent Director. The board also approved the closure of the Norway branch and Cyient Israel India Limited, a wholly owned subsidiary.
Financial Performance Highlights
Cyient reported revenue from contracts with customers at ₹18,485 million for Q3 FY26, compared to ₹19,264 million in Q3 FY25. The profit for the period was ₹972 million, compared to ₹1,277 million in the same quarter last year. For the nine months ended December 31, 2025, revenue stood at ₹53,413 million with a profit of ₹3,975 million.
Segment Revenue Details
Here’s a breakdown of revenue by segment:
- Digital, Engineering & Technology (DET): ₹14,883 million
- Design Led Manufacturing (DLM): ₹3,033 million
- Semiconductors: ₹611 million
Leadership Restructuring
The board acknowledged the resignation of Ms. Matangi Gowrishankar as Independent Director. There have been some changes to the Leadership, Nomination, and Remuneration Committee. Madan Mohan Pillutla is now Chairperson, with MM Murugappan, Nitin Prasad, and Debjani Ghosh as members.
Other Key Decisions
The Board has approved the closure of:
- Norway Branch of the Company
- Cyient Israel India Limited, a wholly owned subsidiary
Source: BSE
