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.

Cyient Limited , a global Intelligent Engineering Solutions company, has reported a strong financial performance for the first quarter of fiscal year 2026, alongside significant leadership changes and strategic developments.

Financial Highlights

Cyient's Digital, Engineering, and Technology (DET) segment demonstrated robust growth in Q1 FY26:

The company's performance was particularly noteworthy in its profitability, with Profit After Tax (PAT) showing a significant 30% year-over-year increase.

Strategic Developments

Cyient Group has made several strategic moves to strengthen its market position:

1. Semiconductors Business Restructuring: 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.

2. Key Deal Wins: Cyient secured a $20+ million deal with a leading APAC-based communications service provider for wireless infrastructure expansion.

3. New Logo Additions: The company added 14 new logos across all industries in Q1 FY26, indicating strong business development efforts.

4. Key Account Growth: Cyient's key accounts witnessed significant growth of 11% YoY and 4% QoQ in Q1 FY26.

Leadership Changes

In a significant development, Vivek Narayan Gour has announced his resignation as an Independent Director of Cyient Limited. His resignation will be effective from the end of the Q2 FY2025-26 Board meeting scheduled for October 2025. Consequently, Gour will also step down from his positions as Chairman of the Audit Committee and Risk Management Committee.

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 areas such as ER&D, Digital Engineering, Aerospace, Semiconductors, and Telecommunications.
• Recognized as a leader for A&D Services & Solutions by ISG Provider Lens in North America & Europe.
• Ranked as an Enterprise Innovator for Energy and Utilities by HFS.

Future Outlook

Krishna Bodanapu, Executive Vice Chairman and Managing Director, expressed confidence in the company's positioning for growth across its diversified portfolio of DET, DLM, and Semiconductors. The recent leadership changes in the DET segment are expected to drive stable and sustainable growth.

Sukamal Banerjee, Executive Director and CEO, highlighted the company's focus on transformation-led engagements driven by their Domain + AI approach. This strategy combines next-generation digital and AI solutions with deep industry knowledge, positioning Cyient to deliver intelligent engineering solutions for future-ready customers.

As Cyient continues to evolve and strengthen its market position, the company appears well-positioned to capitalize on emerging opportunities in the intelligent engineering solutions space.