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InFocus Finance

Cyient Q1 PAT Rises 30% YoY to ₹163 Crore

Cyient reports Q1 FY26 financial results: cash position up to ₹1,894 cr. DET segment PAT grew 30% YoY to ₹163 cr, with 14 new client wins. Confident in growth across diversified portfolio.

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SMEStreet Edit Desk
25 Jul 2025 15:44 IST

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Cyient
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Cyient, a global Intelligent Engineering Solutions company, announced its financial results for the quarter ending June 30, 2025.

Financial Highlights for Q1 FY26

  • Cyient Group cash position at INR 1,894 crores, with QoQ increase of INR 262 crores
  • Cyient DET* PAT at INR 163 crores, with YoY growth of 30%
  • Cyient DET* Revenue at INR 1,393 crores, with QoQ degrowth of 0.3% and YoY growth of 3.6%
  • Cyient DET* added 14 new logos across all industries in Q1
  • Key accounts witnessed growth of 4% QoQ and 11% YoY
*Cyient DET (Digital, Engineering, and Technology) refers to Cyient Consolidated Services and Engineering Parts Business.
 
Commenting on the results, Krishna Bodanapu, Executive Vice Chairman and Managing Director, said, “This quarter, Q1 FY26, Cyient Group has delivered yet another resilient performance in line with our expectations across our segments. At a Group level, our cash position and profitability gives me immense confidence that we are well-positioned to drive growth across our balanced and diversified portfolio of DET, DLM, and Semiconductors.
 
It is also my pleasure to announce that the carve-out process initiated for Cyient Semiconductors is now complete as per our plan. We are extremely excited and confident that Cyient Semiconductors, which is dedicated to addressing high-growth opportunities in cutting-edge semiconductor technologies with capabilities in high-performance analog and mixed-signal ASIC across industries, will play a pivotal role in shaping our future growth.
 
The recent leadership changes in the DET segment have provided a foundation to drive stable and sustainable growth, and I am pleased to inform you that we are already seeing strong signs of recovery, aided by key deal wins and new logo additions in our key areas of business.  We won several notable deals, including a $20 Mn+ deal from a leading APAC-based communications service provider who has selected Cyient as a partner to expand their wireless infrastructure. We added 14 new logos in Q1 FY26, 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. We received several industry recognitions that reaffirm our commitment to innovation, deep industry expertise, and strong ecosystem partnerships.
 
With a strong leadership team, robust fundamentals, and a purpose-driven culture, we look forward to building on our momentum and delivering a stronger performance in FY26.”
 
Sukamal Banerjee, Executive Director and Chief Executive Officer, Cyient, said, “We are seeing strong traction in new growth opportunities, with a clear shift in our pipeline towards more transformation-led engagements. This momentum is being driven by our Domain + AI approach, which combines next-generation digital and AI solutions with the deep industry knowledge we have built through years of collaboration.
 
The impact of this strategy is already visible in Q1, with several key deal wins where customers have chosen Cyient to digitize core operations and establish Centers of Excellence to accelerate their AI adoption.
 
I am energized by what we are building at Cyient and remain deeply committed to delivering Intelligent Engineering solutions that help our customers be future-ready. I extend my gratitude to all our associates for their dedication and to our customers for their continued trust in us.”
 
The company was recognized as a leader across 11 key zones across ER&D, Digital Engineering, Aerospace, Semiconductors, Telecommunications, Medical Devices, Industrial, Industry 4.0, and Data & AI Engineering in the Zinnov Zones 2024 rankings.
 
During the quarter, Cyient led the development of the Phase 1 of a TM Forum Open Innovation catalyst "InfraVerse: Breaking Boundaries for XR Sustainability" with leading telecom operators, geographic information system, and AI and data solutions companies, revealing a forward-thinking approach that combines AI, drones, digital twins, and immersive XR to enhance mobile infrastructure, planning, and operations.
Cyient PAT
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