According to reports from CNBC TV18, Cyient delivered a mixed performance for the fourth quarter, with net profit declining 32.6% quarter-on-quarter to ₹65.5 crore from ₹97.2 crore in the previous quarter. However, the company showed sequential growth with revenue rising 4.2% to ₹1,926.9 crore compared with ₹1,848.5 crore in Q3FY26. Operationally, EBIT fell 6.8% QoQ to ₹155.8 crore, while margins contracted to 8.09% from 9.04%, reflecting pressure on profitability despite topline growth.
As reported by CNBC TV18, the company's board approved a share buyback of up to 64 lakh equity shares at ₹1,125 per share, aggregating to a maximum consideration of ₹720 crore at its meeting held on April 23, 2026. The buyback, representing about 5.76% of the total paid-up equity share capital, will be conducted via the tender offer route and is subject to shareholder approval and regulatory norms under SEBI rules and the Companies Act. Notably, promoters and promoter group members will not participate in the buyback, allowing the entire benefit to accrue to public shareholders.
According to CNBC TV18, the company also announced plans to set up a branch office in Saudi Arabia, signalling its intent to expand presence in the West Asian market. Additionally, the board decided not to recommend a final dividend for FY26. Shares of Cyient ended lower on Thursday, April 23, by 2.69% at ₹935.90 on the NSE, as reported by CNBC TV18. The stock has shown volatility with a 52-week high of ₹190.77 and a 52-week low of ₹121.51, reflecting market uncertainty around the mixed quarterly results.
