The company, which had a PAT of Rs 109.7 crore during the same quarter last year.
Meanwhile, Cyient, in a different press release, also announced an interim dividend of Rs 6 per share on a face value of Rs 5 for 2018-19.
Hyderabad: Engineering solutions firm Cyient on Wednesday said that its profit after tax (PAT) for the quarter ended September 30 rose over 14 per cent to Rs 127 crore.
The company, which had a PAT of Rs 109.7 crore during the same quarter last year, also saw their income rise from Rs 1,006.60 crore to Rs 1,243.80 crore during the same period.
Reacting to the results, Cyient managing director and CEO Krishna Bodanapu said, “We witnessed a growth of 14.5 per cent in exchange rates across aerospace and defence, transport, industrial, energy and natural resources, among others.”
Meanwhile, Cyient, in a different press release, also announced an interim dividend of Rs 6 per share on a face value of Rs 5 for 2018-19.
( Source : Deccan Chronicle. )
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