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Cyient Q2 FY26 earnings highlight steady performance, 12% growth in semiconductors

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Cyient Q2 FY26 earnings highlight steady performance, 12% growth in semiconductors
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DBT Bureau

Pune, 20 Oct 2025

Cyient, a global Intelligent Engineering Solutions company, announced its financial results for the quarter ending September 30, 2025.

Financial Highlights for Q2 FY26:

  • Cyient DET* Revenue at INR 1,438 crores, with QoQ growth of 3.3% and YoY growth of 4.5%
  • Cyient DET* EBIT of INR 175 crores, YoY degrowth of 7.5 %; margin of 12.2%
  • Cyient DET* PAT at INR 137 crores, with YoY degrowth of 16.4%
  • Cyient DET* FCF at INR 157 crores, FCF to PAT conversion 114%
  • Cyient Semiconductors Revenue at INR 54.1 crores, with QoQ growth of 14.7%
  • Interim Dividend of INR 16 per share announced

Commenting on the results, Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, said, “This quarter, Cyient Group sustained its growth momentum, delivering results in line with expectations across key segments, even amid a challenging macroeconomic and geopolitical environment. Our sound cash position and profitability underscore our strength and readiness to deliver growth across our diversified portfolio of DET, DLM, and Semiconductors.

Cyient Semiconductors delivered a strong rebound in Q2 with 12% growth, reflecting a renewed focus on execution and customer momentum. As we continue to invest in strengthening partnerships, leadership and advisory depth, and a high-caliber team, I am confident that Cyient Semiconductors will not only deliver strong results in the coming quarters but also shape the future growth of Cyient.

Under the new leadership of DET, we continue to witness sustained growth and strong recovery across our key industry segments. We won several notable deals, including a large deal from an Aerospace customer who selected Cyient as a partner to strengthen their engineering operations. We expanded our customer base with new additions while deepening relationships with our existing key accounts. We have further invested in our technology portfolio, integrating our engineering and domain expertise with capabilities in data and AI to deliver intelligent engineering solutions at scale to our customers. Our engineering strength, technology leadership, and strategic partnerships continue to earn industry recognition for delivering innovative, value-driven solutions.

With a strong leadership team, resilient business model, and a purpose-driven culture, we look forward to building on our momentum and delivering a stronger performance in FY26.”

Sukamal Banerjee, Executive Director and Chief Executive Officer, Cyient, said, “Q2 FY26 marks key progress for Cyient—from stabilization phase towards growth momentum, underscored by resilience. We also experienced renewed momentum across key verticals. Our transformation journey is firmly underway, powered by our strategic investments in technology and innovation.

As a Domain-First, AI-Infused company, our mission is clear: we invest in Intelligent Engineering to harness the power of technology and deep domain expertise, delivering solutions that efficiently and sustainably solve our customers’ most complex challenges.

Our technology pipeline, underpinned by Domain + AI Strategy, has strengthened considerably over the past quarter. Long standing customers who have trusted us with engineering excellence are now partnering with us on digital transformation programs—an affirmation of our deep understanding of their processes and our ability to drive meaningful change.

This quarter, we added seven new customers across diverse industries, while our Key Accounts continued their strong trajectory with 11% year-on-year and 3% quarter-on-quarter growth—marking two consecutive quarters of double-digit growth. Importantly, our work and innovations have been recognized by several major customers, further validating the value we bring.

I am confident in the path ahead. We are building a stronger, smarter, and more agile Cyient—ready to lead the next chapter of sustainable growth and transformation.”

The company was honoured with the Value Engineering Supplier Award 2025 at the Honeywell UOP ESS IPL Equipment Supplier Meet and was also shortlisted for Best Mobile/5G Service Innovation at the Global Connectivity Awards. During the quarter, Cyient also announced a strategic go-to-market partnership to deliver rapid, scalable field service transformation for asset-intensive industries.

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