Cyient Limited (NSE: CYIENT) (formerly Infotech Enterprises Limited) is an Indian multinational corporation that provides engineering, manufacturing, geospatial, network, and operations management services. The company operates in various industries such as aerospace and defense, medical devices, semiconductors, rail transportation, power generation, telecommunications, and utilities. Cyient is headquartered in Hyderabad, India, and has subsidiaries in the United States, Europe, and Asia-Pacific. The company provides services to various clients, such as Boeing, Honeywell, GE, Airbus, Ericsson, Cisco, and Nokia.
Cyient Ltd.’s total expenses for Q3FY23 were ₹1431.1 Cr, which represents an 11.30% increase compared to the previous quarter (QoQ). The total income for the same period was ₹1645.7 crore, a increase of 16.22% QoQ. The company’s Profit Before Tax (PBT) for Q3FY23 was ₹205.7 Cr, an increase of 89.58% QoQ. The basic earnings per share (EPS) for Q3FY22 was ₹14.26, an increase of 96.96% QoQ. The company’s net profit for Q3 FY23 was ₹156 crore. For Q3FY23, the segment revenue breakdown was as follows: 1) Services: ₹1,379.8 Cr and 2) Design Led Manufacturing (DLM): ₹ 238.4 Cr. The segment results were Services: ₹198.8 Cr and Design Led Manufacturing (DLM) : ₹18.1 Cr.