Key Highlights
- Q3 FY26 consolidated DET revenue stood at ₹1,488 crore, up 6.5 percent year on year.
- Normalised DET PAT rose 40.2 percent year on year to ₹150 crore.
- Normalised EBIT margin improved to 12.4 percent despite a challenging macro environment.
- Free cash flow increased to ₹236 crore with PAT conversion of 157.6 percent.
Cyient delivered a strong financial performance in the third quarter of FY26, driven by steady growth across its Digital, Engineering, and Technology businesses. For the quarter ended December 31, 2025, the company reported consolidated DET revenue of ₹1,488 crore, marking a 6.5 percent increase year on year and a 3.5 percent rise sequentially, despite a challenging global macroeconomic environment.
Profitability improved during the quarter, with normalised EBIT rising to ₹185 crore, translating into an EBIT margin of 12.4 percent. Normalised profit after tax grew sharply by 40.2 percent year on year to ₹150 crore, supported by operational efficiencies and improved project execution. Cash generation remained robust, with free cash flow reaching ₹236 crore, reflecting strong working capital management.
Cyient’s performance was supported by momentum across key industry segments, including transportation, aerospace, communications, and industrial verticals. The semiconductor business recorded double-digit sequential revenue growth, aided by investments in analog and power IC capabilities, deeper participation in India’s semiconductor ecosystem, and progress on strategic partnerships and technology platforms.
The company stated that its diversified portfolio, focus on domain-led engineering, and applied intelligence approach continue to differentiate its offerings. Expansion of global customer engagement centres and growing traction with key accounts further strengthened its market position. Management indicated that these factors, combined with a healthy balance sheet, position Cyient for a strong exit in FY26 and sustained long-term growth.