FY19 Q2 Earnings " Cyient "

Cyient reported a 14% YOY growth in anet profit to Rs 127 cr, while its profits jumped 54% QoQ.

The companies revenue stood at Rs 1187 cr, up by 23% YOY. The company had posted a net profit of Rs 965 cr in the corresponding quarter last year.

The management said that," The highest ever quarterly revenue and profits numbers came on the back of all rounded growth in Aerospace and Defense, Transportation, Industrial, Energy and Natural resources in semiconductors and IOT and analysis business units."