Latest News | Cyient Q2 Profit Jumps 44% to Rs 121.3 Cr

New Delhi, Oct 14 (PTI) IT company Cyient on Thursday posted a 44.57 per cent jump in consolidated net profit to Rs 121.3 crore for the quarter ended on September 30, 2021, compared to Rs 83.9 crore in the same period a year ago,

Consolidated revenue from operations increased by 10.79 per cent to Rs 1,111.6 crore during the reported quarter compared to Rs 1,003.3 crore in the corresponding quarter of 2020-21, according to a regulatory filing by the company.

Also Read | How TestBook App Is Shaping Aspirants' Minds for Their Dream Govt Exams?.

"Our performance this quarter has been very encouraging. The new global logos, the contribution of large deals, and the strong pipeline in place indicate that our growth pillars are delivering impact and will help accelerated growth in coming quarters," Cyient managing director and CEO Krishna Bodanapu said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)