Domestic technology company Cyient Ltd on Thursday, July 24, reported a 6.88% year-on-year (YoY) increase in net profit at ₹153.8 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Cyient posted a net profit of ₹143.9 crore.
Revenue from operations rose 4.99% to ₹1,781.5 crore from ₹1,696.8 crore a year ago.
At the operating level, EBIT stood at ₹232.5 crore in the first quarter of this fiscal. EBIT margin stood at 13% in the reporting quarter.
In Q1FY26, the number of clients contributing over $20 million in trailing twelve-month (TTM) revenue stood at four, unchanged from the previous quarter but down from five in Q1FY25. Clients in the $10 million+ bracket declined to 15 from 16 in Q4 FY25, though up from 12 a year ago.
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The $5-million+ client count remained stable at 27 quarter-on-quarter but declined from 30 in the year-ago period. Clients contributing over $1 million came in at 99, slightly lower than 101 in Q4FY25 but higher than 97 in Q1FY25. The company added 14 new clients during the quarter, compared to 17 in the previous quarter and 11 in Q1 FY25. All figures are based on TTM revenue.
Krishna Bodanapu, Executive Vice Chairman and Managing Director, said, “It is also my pleasure to announce that the carve-out process initiated for Cyient Semiconductors is now complete as per our plan. We won several notable deals, including a $20 million+ deal from a leading APAC-based communications service provider who has selected Cyient as a partner to expand their wireless infrastructure.”
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“We added 14 new logos in Q1FY26, across all industries, with the visibility of a strong pipeline. Our key accounts witnessed significant growth of 11% YoY and 4% QoQ in Q1 FY26,” he added
The results came after the close of the market hours. Shares of Cyient Ltd ended at ₹1,242.85, down by ₹37.15 or 2.90%, on the BSE.
(Edited by : Shoma Bhattacharjee)
