Business Companies 20 Apr 2018 Cyient posts 16.1 pe ...

Cyient posts 16.1 per cent jump in Q4 net profit

DECCAN CHRONICLE.
Published Apr 20, 2018, 12:54 am IST
Updated Apr 20, 2018, 12:54 am IST
The company, which saw its net profit touch Rs 121.5 crore in Q4FY18, also saw its revenue rise 12.8 per cent to Rs 1,061.8 crore.
In the statement distributed to the media, Cyient managing director and CEO Krishna Bodanapu said, “Q4 FY18 performance was in line with our expectations''.
 In the statement distributed to the media, Cyient managing director and CEO Krishna Bodanapu said, “Q4 FY18 performance was in line with our expectations''.

Hyderabad: Driven by communications and semiconductor, loT and analytics business units, city-based IT firm Cyient saw its Q4 net profit surge 16.1 per cent compared to the year-ago period, the company said on Thursday.

The company, which saw its net profit touch Rs 121.5 crore in Q4FY18, also saw its revenue rise 12.8 per cent to Rs 1,061.8 crore in the said quarter against Rs 941 crore in the year-ago period.

 

In the statement distributed to the media, Cyient managing director and CEO Krishna Bodanapu said, “Q4 FY18 performance was in line with our expectations. We recorded our highest ever revenue and operating profit in the quarter. We delivered a dollar growth of 16.8 per cent year-on-year and 8.3 per cent quarter-on-quarter,”

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT