Cyient announced its financial results for Q2 FY26, showing revenue of INR 1,438 crores for its Digital, Engineering, and Technology (DET) segment. Cyient Semiconductors also delivered strong results, with revenue at INR 54.1 crores, reflecting a renewed focus on execution and customer momentum. The company reported an interim dividend of INR 16 per share.
Q2 FY26 Financial Highlights
Cyient reported the following financial highlights for the second quarter of FY26:
Cyient DET (Digital, Engineering, and Technology):
- Revenue: INR 1,438 crores, with QoQ growth of 3.3% and YoY growth of 4.5%
- EBIT: INR 175 crores, YoY degrowth of 7.5%; margin of 12.2%
- PAT: INR 137 crores, with YoY degrowth of 16.4%
- FCF: INR 157 crores, FCF to PAT conversion 114%
Cyient Semiconductors:
- Revenue: INR 54.1 crores, with QoQ growth of 14.7%
An interim dividend of INR 16 per share was announced.
Management Commentary
Krishna Bodanapu, Executive Vice Chairman and Managing Director of Cyient, commented that the group sustained its growth momentum in Q2 FY26, delivering results in line with expectations across key segments, despite macroeconomic and geopolitical challenges. He also highlighted the strong rebound in Cyient Semiconductors, with 12% growth.
Sukamal Banerjee, Executive Director and Chief Executive Officer of Cyient, noted that Q2 FY26 marks key progress for Cyient, transitioning from a stabilization phase towards growth momentum.
Strategic Developments
Cyient continues to invest in technology and innovation, focusing on Intelligent Engineering. The company added seven new customers across diverse industries and has seen Key Accounts maintain strong growth with 11% year-on-year and 3% quarter-on-quarter growth.
Awards and Recognition
Cyient received the Value Engineering Supplier Award 2025 at the Honeywell UOP ESS IPL Equipment Supplier Meet and was shortlisted for Best Mobile/5G Service Innovation at the Global Connectivity Awards. The company also announced a strategic partnership to deliver rapid, scalable field service transformation for asset-intensive industries during the quarter.
Source: BSE