Comments
Cyient (formerly Infotech Enterprises) has registered a turnover of Rs 781 crore in the third quarter ended December 31, 2015, showing a growth of 9.8 per cent over the comparable quarter last year.
Net profit for the quarter was put at Rs 86.8 crore, which was down by 13.9 per cent over the comparable quarter last year.
“The third quarter was a mixed quarter for us. Due to reduction in working days across geographies, capacity for the quarter was lower than the previous quarters which had put significant pressure on revenue,” Krishna Bodanapu, Managing Director and Chief Executive Officer of Cyient, said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.