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.

Cyient Limited , a global Intelligent Engineering Solutions company, has announced robust financial results for the first quarter of fiscal year 2026, ending June 30, 2025. The company reported a significant year-on-year growth in profitability, driven by strong performance across its business segments.

Financial Highlights

• Consolidated Revenue: Cyient's consolidated revenue for Q1 FY26 stood at ₹17,118.00 million, marking a 2.2% increase from ₹16,757.00 million in the same quarter last year.
• Net Profit: The company's net profit saw a substantial rise of 30% year-on-year, reaching ₹1,574.00 million compared to ₹1,476.00 million in Q1 FY25.
• Earnings Per Share (EPS): Basic EPS improved to ₹13.95, up from ₹13.09 in the corresponding quarter of the previous year.

Segment Performance

Cyient has reorganized its business structure, now reporting under four segments:

Key Business Developments

• The company completed the carve-out process for Cyient Semiconductors, now reporting it as a separate segment.
• Cyient DET added 14 new logos across all industries in Q1, indicating strong client acquisition.
• The company won a significant deal worth over $20 million from a leading APAC-based communications service provider for wireless infrastructure expansion.

Management Commentary

Krishna Bodanapu, Executive Vice Chairman and Managing Director, commented on the results: "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."

Operational Highlights

• Cyient's cash position improved by ₹262.00 crores quarter-on-quarter.
• The company's key accounts witnessed significant growth of 11% year-on-year and 4% quarter-on-quarter in Q1 FY26.
• The Board of Directors approved the closure of branches in the Philippines and Australia as part of strategic restructuring.

Future Outlook

With a strong leadership team, robust fundamentals, and a purpose-driven culture, Cyient looks forward to building on its momentum and delivering stronger performance in FY26. The company's focus on transformation-led engagements and its Domain + AI approach is expected to drive future growth opportunities.

Cyient's strong start to FY26 demonstrates its resilience and adaptability in a dynamic market environment. The company's strategic reorganization and focus on high-growth areas like semiconductors position it well for sustained growth in the coming quarters.