In terms of segment revenues, the revenues from services for the quarter were up 30.7% at Rs1,206.80 crore. The design led manufacturing segment saw flat revenues at Rs189 crore for the quarter.
There was also an exceptional loss in the quarter of Rs21 crore on account of legal suits pending in the United States.
Manpower costs and other costs pertaining to global operations also piled up during the quarter.
Net margins for the quarter were 5.67% compared to 10.91% in the year ago quarter and 9.29% in the sequential quarter.
Financial highlights for Sep-22 compared yoy and sequentially
Cyient Ltd | |||||
Rs in Crore | Sep-22 | Sep-21 | YOY | Jun-22 | QOQ |
Total Income (Rs cr) | ₹ 1,396.20 | ₹ 1,111.60 | 25.60% | ₹ 1,250.10 | 11.69% |
Net Profit (Rs cr) | ₹ 79.10 | ₹ 121.30 | -34.79% | ₹ 116.10 | -31.87% |
Diluted EPS (Rs) | ₹ 7.20 | ₹ 11.05 | ₹ 10.57 | ||
Net Margins | 5.67% | 10.91% | 9.29% |
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