Electronic Manufacturing Services (EMS) firm Cyient DLM reported a 27.7% decline in consolidated net profit to ₹22.44 crore for the March quarter FY26, compared to ₹31 crore in the year-ago period. According to reports from The Economic Times, revenue from operations stood 13.8% lower at ₹369.07 crore in Q4 FY26, as compared to ₹428.05 crore a year ago. However, on a quarter-on-quarter basis, the company showed improvement with profit rising 99.8% and revenue increasing 21.7% respectively.
For the complete FY26, Cyient DLM's profit climbed 7.6% to ₹73.28 crore, while revenue from operations fell 17% to ₹1,261.48 crore. As reported by The Economic Times, the company's order book stood at ₹2,416.6 crore at the end of the March quarter. The defence segment contributed 10% of Q4 revenue, reflecting the company's focus on this growing sector.
According to the company's investor presentation reported by The Economic Times, Cyient DLM outlined its growth strategy focusing on domestic and key markets to improve operational efficiency in FY27. Starting FY28, the company plans to expand into automotive and India defence, explore the AI infrastructure market, and focus on vertical integration through cables, sheet metal and machining. The company noted that geopolitical tensions are realigning the global supply chain, with defence spending increasing across regions.
Despite the quarterly profit decline, Cyient DLM shares ended 3.52% higher at ₹357.70 on the BSE on Tuesday, as reported by The Economic Times. The financial results were announced post-market hours, with the positive market response suggesting investor confidence in the company's strategic direction and future growth initiatives.
