The aerospace major, whose growth plans include acquisitions, expects to double or triple its earnings by the year 2020.
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: Cyient Ltd is investing in startups focused on niche areas like medical technology, drones, among others as it draws future roadmap. “Currently, we have invested money in some startups. They are not part of Cyient now. But later they may become a part of the company,” said MD Krishna Bodanapu during an event to mark the company’s 25th anniversary.
The aerospace major, whose growth plans include acquisitions, expects to double or triple its earnings by the year 2020.
( Source : Deccan Chronicle. )
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