Cyient shines on reporting 18% rise in Q3 consolidated net profit
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Cyient is currently trading at Rs. 901.55, up by 18.35 points or 2.08% from its previous closing of Rs. 883.20 on the BSE.
The scrip opened at Rs. 891.80 and has touched a high and low of Rs. 917.65 and Rs. 887.00 respectively. So far 29684 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1051.45 on 13-Jan-2022 and a 52 week low of Rs. 724.00 on 03-Nov-2022.
Last one week high and low of the scrip stood at Rs. 901.55 and Rs. 812.55 respectively. The current market cap of the company is Rs. 10012.99 crore.
The promoters holding in the company stood at 23.37%, while Institutions and Non-Institutions held 56.31% and 20.32% respectively.
Cyient has reported a rise of 4.70% in its net profit at Rs 111.30 crore for the quarter ended December 31, 2022 as compared to Rs 106.30 crore for the same quarter in the previous year. Total income of the company increased 30.66% at Rs 626.80 crore for Q3FY23 as compared to Rs 479.70 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 18.36% in its net profit at Rs 156.00 crore for the quarter under review as compared to Rs 131.80 crore for the same quarter in the previous year. Total income of the company increased 36.52% at Rs 1645.70 crore for Q3FY23 as compared to Rs 1205.50 crore for the corresponding quarter previous year.
