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Cyient consolidated net profit declines 74.41% in the March 2020 quarter

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Capital Market

Sales decline 7.68% to Rs 1073.60 crore

Net profit of Cyient declined 74.41% to Rs 45.20 crore in the quarter ended March 2020 as against Rs 176.60 crore during the previous quarter ended March 2019. Sales declined 7.68% to Rs 1073.60 crore in the quarter ended March 2020 as against Rs 1162.90 crore during the previous quarter ended March 2019.

For the full year,net profit declined 28.42% to Rs 342.50 crore in the year ended March 2020 as against Rs 478.50 crore during the previous year ended March 2019. Sales declined 4.12% to Rs 4427.40 crore in the year ended March 2020 as against Rs 4617.50 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1073.601162.90 -8 4427.404617.50 -4 OPM %8.6414.33 -12.3413.70 - PBDT134.20237.40 -43 656.00734.70 -11 PBT86.30211.30 -59 468.20623.30 -25 NP45.20176.60 -74 342.50478.50 -28

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First Published: May 07 2020 | 7:37 PM IST

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