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Cyient inches up on reporting 16% rise in Q4 consolidated net profit
Apr-21-2017

Cyient is currently trading at Rs. 505.90, up by 3.10 points or 0.62 % from its previous closing of Rs. 502.80 on the BSE.

The scrip opened at Rs. 505.50 and has touched a high and low of Rs. 510.00 and Rs. 481.85 respectively. So far 35152 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 555.00 on 13-Oct-2016 and a 52 week low of Rs. 416.05 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 510.00 and Rs. 479.00 respectively. The current market cap of the company is Rs. 5676.72 crore.

The promoters holding in the company stood at 22.18 % while Institutions and Non-Institutions held 64.25 % and 13.57 % respectively.

Cyient has reported over two fold jump in its net profit at Rs 59.90 crore for the quarter ended March 31, 2017 as compared to Rs 25.20 crore for the same quarter in the previous year. Total income of the company has increased by 16.41% at Rs 352.60 crore for quarter under review as compared to Rs 302.90 crore for the quarter ended March 31, 2016.

On consolidated basis, the company has reported a rise of 15.81% in its consolidated  net profit at Rs 78.40 crore for the quarter ended March 31, 2017 as compared to Rs 67.70 crore for the corresponding quarter in the FY16. Total consolidated income of the company rose 14.98% at Rs 971.90 crore for quarter under review as compared to Rs 845.30 crore for the same quarter ended previous year.

For the year ended March 31, 2017, the company has posted a marginal rise of 1.46% in its net profit at Rs 236.90 crore as compared to Rs 233.50 crore in FY16. Total income of company increased 1.07% at Rs 1373.60 crore for year under review as compared to Rs 1359.10 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted rise of 5.62% in its net profit at Rs 343.80 crore as compared to Rs 325.50 crore in the previous year. Total income of company has increased by 15.23% at Rs 3699.70 crore for year under review as compared to Rs 3210.60 crore for the year ended March 31, 2016.

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