Cyient Limited , a global Intelligent Engineering Solutions company, has announced robust financial results for the first quarter of fiscal year 2026, demonstrating significant growth and strategic advancements across its business segments.

Financial Highlights

Cyient's Digital, Engineering, and Technology (DET) segment reported impressive results for Q1 FY26:

The company's strong performance was underscored by a substantial increase in Profit After Tax (PAT), which grew by 30% year-over-year. Despite a slight quarter-on-quarter revenue degrowth of 0.30%, Cyient maintained a healthy EBIT margin of 12.00%.

Strategic Developments

New Client Acquisitions

Cyient added 14 new logos across various industries in Q1 FY26, indicating a robust pipeline and growing market presence. The company's key accounts witnessed significant growth of 11% year-over-year and 4% quarter-on-quarter.

Major Deal Wins

A notable achievement for Cyient this quarter was securing a deal worth over $20 million from a leading APAC-based communications service provider. This partnership aims to expand the client's wireless infrastructure, showcasing Cyient's capabilities in the telecommunications sector.

Semiconductors Business Carve-Out

The company has completed the carve-out process for Cyient Semiconductors, which is now positioned to address high-growth opportunities in cutting-edge semiconductor technologies. This strategic move is expected to play a pivotal role in shaping Cyient's future growth.

AI-Led Initiatives

Cyient is leveraging its Domain + AI approach to drive transformation-led engagements. The company has been chosen by a leading Medical Devices company to set up an AI Center of Excellence, focusing on building and scaling operational and clinical solutions.

Management Commentary

Krishna Bodanapu, Executive Vice Chairman and Managing Director, expressed confidence in the company's performance: "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."

Sukamal Banerjee, Executive Director and Chief Executive Officer, highlighted the company's strategic focus: "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."

Industry Recognition

Cyient's expertise and innovation have been recognized across multiple domains:

• Achieved leadership status in 11 key zones in the Zinnov Zones 2024 rankings, spanning ER&D, Digital Engineering, Aerospace, Semiconductors, Telecommunications, Medical Devices, Industrial, Industry 4.0, and Data & AI Engineering.
• Led the development of Phase 1 of a TM Forum Open Innovation catalyst, showcasing a forward-thinking approach combining AI, drones, digital twins, and immersive XR for enhancing mobile infrastructure planning and operations.

Looking Ahead

With a strong leadership team, robust fundamentals, and a purpose-driven culture, Cyient is well-positioned for continued growth. The company's focus on AI-led innovation, semiconductor technologies, and expansion across engineering, networks, and digital content sectors sets a promising stage for FY26 and beyond.

As Cyient continues to evolve and adapt to market demands, its strategic initiatives and strong financial performance indicate a positive outlook for the company's future in the intelligent engineering solutions space.

Cyient Limited , a global Intelligent Engineering Solutions company, has announced significant changes in its board composition along with its Q1 FY26 financial results, showcasing a robust performance despite market challenges.

Board Changes

Vivek Narayan Gour, an Independent Director of Cyient Limited, has tendered his resignation effective from the end of the Q2/2025-26 Board meeting scheduled for October 2025. Gour will also relinquish his positions as Chairman of the Audit Committee and Risk Management Committee. In his resignation letter, Gour confirmed that there are no material reasons for his departure beyond those mentioned in the official communication.

Q1 FY26 Financial Highlights

Cyient has reported a strong financial performance for the first quarter of the fiscal year 2026:

• Consolidated revenue stood at ₹17,118.00 crore
• Profit After Tax (PAT) increased by 30% year-on-year to ₹163.00 crore
• Earnings Per Share (EPS) grew to ₹13.95, up 6.6% from the previous quarter

Segment Performance

The company's performance across its business segments for Q1 FY26 was as follows:

Key Business Highlights

• Cyient secured a significant deal worth over $20 million from a leading APAC-based communications service provider for wireless infrastructure expansion.
• The company added 14 new logos across various industries during the quarter.
• Key accounts witnessed substantial growth of 11% year-on-year and 4% quarter-on-quarter.

Management Commentary

Krishna Bodanapu, Executive Vice Chairman and Managing Director, stated, "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."

Sukamal Banerjee, Executive Director and Chief Executive Officer, added, "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."

Future Outlook

With a strong leadership team, robust fundamentals, and a purpose-driven culture, Cyient looks forward to building on its momentum and delivering a stronger performance in FY26. The company's focus on AI-driven solutions and deep industry expertise positions it well for future growth in the rapidly evolving technology landscape.

Cyient continues to demonstrate its commitment to innovation and industry leadership, as evidenced by its recognition across multiple segments in the Zinnov Zones 2024 rankings.