Cyient reports 7.3% drop in Q2 net profit, declares interim dividend | Hyderabad News

Hyderabad: Cyient Ltd reported a 7.3% decline in consolidated profit after tax for the second quarter ended Sept 30, 2026, at ₹132.5 crore as compared with ₹142.9 crore in the corresponding quarter of last financial year. The drop in PAT came despite a sharp 22.5% rise in total income for Q2 of FY27 at ₹2,243.6 crore as compared to Rs 1,831 crore in the second quarter of FY26.Commenting on the results, Krishna Bodanapu, executive vice chairman and managing director, Cyient, said, “Q2 FY27 reflected sustained momentum across Cyient Group, with record order books and continued investment in our next phase of growth.”“Looking ahead, the defense, semiconductors and AI industries present the highest opportunities for growth, and we are pursuing these together as a group, bringing customers an end-to-end offering spanning engineering, silicon, manufacturing and lifecycle support, reinforcing the compounding value of our complementary capabilities,” he said.The board of directors of the company declared an interim dividend of ₹12 per equity share, which works out to around 240% on the par value of ₹5 per share for financial year 2026-27, the company said in a regulatory filing on Thursday.