Info-tech

Cyient Q4 revenues up by 9.5% to ₹1,162 cr

Our Bureau Hyderabad | Updated on April 25, 2019 Published on April 25, 2019
Krishna Bodanapu, Chief Executive Officer and Managing Director, Cyient (file pic)

Krishna Bodanapu, Chief Executive Officer and Managing Director, Cyient (file pic)

Engineering services and geo-spatial solutions company Cyient has registered a total revenue of ₹1,162 crore during the quarter ended March 31, as against ₹1,062 crore in the comparable quarter the previous year, a growth of 9.5 per cent.

The profit after tax (PAT)went up to ₹176 crore (₹118 crore) in the fourth quarter, an increase of 49.4 per cent.

The company registered gross revenues of ₹4,617 crore (₹3,917 crore) for FY19, showing a year-on-year growth of 17.9 per cent.

The PAT for the year was ₹478.5 crore (₹405 crore), a growth of 18 per cent year-on-year.

“Our performance was lower than the initial expectations both on revenue and margin fronts,” Krishna Bodanapu, the company’s CEO and MD, said.

Published on April 25, 2019
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