Cyient has announced its audited financial results for the quarter and year ended March 31, 2026. Alongside its financial performance, the Board of Directors approved a ₹720 crore share buyback program for 64,00,000 shares at a price of ₹1,125 each. The company also unveiled plans to open a new branch office in the Kingdom of Saudi Arabia and confirmed the re-appointment of Mr. B.V.R Mohan Reddy to the Board.
Financial Performance Overview
For the quarter ended March 31, 2026, Cyient reported consolidated revenue of ₹19,269 million. The company’s net profit for the same period stood at ₹655 million. For the full Financial Year 2025-26, the consolidated total income reached ₹74,454 million, with a profit for the year of ₹4,630 million.
Share Buyback Program
The Board of Directors has approved a proposal to buy back 64,00,000 equity shares, representing approximately 5.76% of the total paid-up equity share capital. The buyback will be conducted via a tender offer at a price of ₹1,125 per share, with a total aggregate outlay not exceeding ₹720 crore. This initiative remains subject to shareholder approval through a postal ballot process.
Strategic Growth and Leadership
As part of its global growth strategy, Cyient will establish a new branch office in the Kingdom of Saudi Arabia to expand its footprint in the region. Furthermore, the Board has recommended the re-appointment of Mr. B.V.R Mohan Reddy as a Non-Executive, Non-Independent Director. This appointment, which acknowledges his continued contribution, is pending final approval from shareholders due to his transition beyond the age of 75 years.
Dividend Update
After a thorough review of the company’s financial position and capital allocation priorities, the Board of Directors has decided not to recommend a final dividend for the financial year 2025-26.
Source: BSE
