Cyient Ltd.’s consolidated web revenue jumped 39% within the quarter ended March, assembly analysts’ estimates.
The corporate posted a revenue of Rs 170.4 crore within the fourth quarter of the final monetary 12 months, in line with an alternate submitting on Thursday. The consensus estimate of analysts tracked by Bloomberg stood at Rs 172.6 crore.
Cyient This fall FY25 Earnings Highlights (Consolidated, QoQ)
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Income down 0.9% to Rs 1,909.2 crore versus Rs 1,926.4 crore (Bloomberg estimate at Rs 18,750.5 crore).
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EBIT up 5% to Rs 234.8 crore versus Rs 223.3 crore.
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Margin expands to 12.3% versus 11.6%.
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Internet revenue up 39% to Rs 170.4 crore versus Rs 122.3 crore (Estimate at Rs 172.6 crore).
Cyient advisable a ultimate dividend of Rs 14 per share at a face worth of Rs 5 every for the monetary 12 months 2024–25, aggregating to Rs 155.5 crore.
Shares of Cyient closed 0.35% decrease at Rs 1,242.80 apiece on the NSE, in comparison with a 0.34% fall within the benchmark Nifty. The inventory has fallen 34.28% within the final 12 months and 32.36% on a year-to-date foundation.
Out of the 24 analysts monitoring the corporate, 12 have ‘purchase’ ranking on the inventory, six advocate ‘maintain’ and as many recommend ‘promote’, in line with Bloomberg information. The typical of 12-month analysts’ value goal implies a possible upside of 24.7%.
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