Cyient Q3FY26 Results: Net Profit Falls 24.9% to ₹918 Crores Amid Revenue Decline
Cyient Limited's Q3FY26 results showed consolidated net profit declining 24.9% to ₹918 crores with revenue falling 4.0% to ₹18,485 crores. The quarter was impacted by ₹423 crores in exceptional charges due to new labour code implementation. While the DET segment grew 6.5%, DLM and Semiconductors segments declined significantly. The company also announced key corporate changes including director resignation and subsidiary closures.

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Cyient Limited reported mixed Q3FY26 financial results for the quarter ended December 31, 2025, with consolidated net profit declining 24.9% year-on-year to ₹918 crores compared to ₹1,223 crores in the corresponding quarter of the previous fiscal year. The engineering and technology services company faced headwinds from revenue decline and exceptional charges during the quarter.
Financial Performance Overview
The company's consolidated revenue from contracts with customers decreased by 4.0% to ₹18,485 crores in Q3FY26 from ₹19,264 crores in Q3FY25. Total income, including other income, stood at ₹18,794 crores compared to ₹19,098 crores in the year-ago period.
| Financial Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹18,485 cr | ₹19,264 cr | -4.0% |
| Total Income | ₹18,794 cr | ₹19,098 cr | -1.6% |
| Net Profit | ₹918 cr | ₹1,223 cr | -24.9% |
| Profit Before Tax | ₹1,393 cr | ₹1,736 cr | -19.8% |
Nine-Month Performance
For the nine months ended December 31, 2025, consolidated revenue declined to ₹53,413 crores from ₹54,512 crores in the corresponding period of FY25, marking a 2.0% decrease. Net profit for the nine-month period reached ₹3,731 crores compared to ₹4,453 crores in the previous year, reflecting a 16.2% decline.
Exceptional Items Impact
The quarter's performance was significantly affected by exceptional charges totaling ₹423 crores. The primary component was a one-time increase in employee benefit provisions of ₹423 crores due to the implementation of India's New Labour Codes, which consolidated multiple existing labour laws into a unified framework effective November 21, 2025.
Segment-wise Performance
Cyient's business segments showed varied performance during Q3FY26:
| Segment | Q3FY26 Revenue | Q3FY25 Revenue | Change (%) |
|---|---|---|---|
| Digital, Engineering & Technology (DET) | ₹14,883 cr | ₹13,975 cr | +6.5% |
| Design Led Manufacturing (DLM) | ₹3,033 cr | ₹4,443 cr | -31.7% |
| Semiconductors | ₹611 cr | ₹824 cr | -25.9% |
| Others | ₹105 cr | ₹94 cr | +11.7% |
The DET segment demonstrated resilience with 6.5% growth, while DLM and Semiconductors segments faced significant declines of 31.7% and 25.9% respectively.
Corporate Developments
The Board of Directors approved several strategic decisions during their meeting held on January 22, 2026:
| Development | Details |
|---|---|
| Director Resignation | Ms. Matangi Gowrishankar resigned as Independent Director |
| Committee Reconstitution | Leadership, Nomination and Remuneration Committee restructured |
| Norway Branch | Closure of Norway branch operations |
| Subsidiary Closure | Cyient Israel India Limited to be closed |
Earnings Per Share
Basic earnings per share for Q3FY26 stood at ₹8.32 compared to ₹11.11 in Q3FY25. For the nine-month period, basic EPS was ₹33.82 against ₹40.48 in the corresponding period of the previous year.
Future Outlook Considerations
The company continues to monitor the finalization of Central and State rules related to the New Labour Codes and will incorporate appropriate accounting treatments based on future developments. Additionally, Cyient's subsidiary has entered into a definitive agreement to acquire majority stake in Kinetic Technologies for approximately ₹8,366 crores, subject to regulatory approvals and customary closing conditions.
Historical Stock Returns for Cyient
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.00% | -3.53% | -2.00% | -11.59% | -34.54% | +123.40% |












































