Cyient Q2FY18 consolidated net profit rises 29% qoq to Rs.110 crore

India Infoline Research Team | October 12, 2017 17:20 IST

Cyient Ltd Q2FY18

Consolidated Results Q2FY18: (Rs. in crore)

Q2FY18 QoQ (%)
Revenue 965 6.4
EBITDA 140 23.6
EBITDA Margin (%) 14.5 200
Net Profit (adjusted) 110 29
***EBITDA margin change is bps
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Reco. Price

512

Last updated on

05-Oct-2017



Cyient Ltd consolidated revenue for the quarter came in at Rs. 965 crore, registering 6.4% qoq increase.

EBITDA for the quarter rose by 23.6% qoq to Rs. 140 crore with a corresponding margin expansion of 200 bps. EBITDA margin for the quarter stood at 14.5%.
 
The PAT for the quarter came in at Rs. 110 crore, qoq increase of 29%. Also, company declared interim divdend of Rs. 5 per share for face value of Rs.5 per share.

Technical View:

Cyient Ltd ended at Rs. 522.60, up by 3.45 points or 0.66% from its previous closing of Rs. 519.15 on the BSE.
The scrip opened at Rs. 522 and touched a high and low of Rs. 539.55 and Rs. 515 respectively. A total of 10,96,246(NSE+BSE) shares were traded on the counter. The stock traded below its 50 DMA.

BSE 583.00 [2.90] ([0.49]%)
NSE 578.70 [6.15] ([1.05]%)

***Note: This is a NSE Chart

 

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