Cyient rallies after Q2 PAT climbs 17% QoQ to Rs 121 cr
On a year-on-year (YoY) basis, the company's consolidated net profit declined 4.53%, while revenue from operations jumped 25.49% in Q2 FY27.
The company's Digital, Engineering and Technology (DET) segment reported revenue of Rs 1,664 crore, registering growth of 8.1% QoQ and 15.7% YoY. Organic revenue growth stood at 2.1% QoQ and 9.3% YoY.
The DET segment's profit after tax (PAT) rose 8.7% QoQ to Rs 153 crore during the quarter.
The company's order intake increased 20.8% YoY in Q2 FY27, supported by strong demand across its business segments.
Krishna Bodanapu, executive vice chairman and managing director, Cyient, said, ?Q2 FY27 reflects sustained momentum across Cyient Group, with record order books and continued investment in our next phase of growth.
Cyient Semiconductors delivered 8% revenue growth QoQ, marking its sixth consecutive quarter of growth, while securing a significant turnkey program and a major engagement with a global semiconductor company. Our AI data-center power products remain on track, with R&D investments expected to begin translating into revenue next fiscal year. While near-term supply constraints may impact margins and growth, a healthy order book and an ASIC pipeline of over $100 million underpin our confidence in the long-term outlook.
Cyient DLM achieved another record order book, with book-to-bill above 1.6x, strengthening revenue visibility. Revenue grew over 26.5% YoY and over 30% in H1, in INR terms, with growth across all key segments led by Aerospace and Industrial.
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.
Sukamal Banerjee, executive director and chief executive officer, Cyient, said, ?We delivered QoQ and YoY growth and improved predictability and profitability with highest EBIT in ten quarters. We also grew organically in constant currency terms. Transportation and Mobility grew 4.5% QoQ and 16.5% YoY in constant currency, its sixth consecutive quarter of growth.
Further, we recorded our highest-ever Q2 order intake. The technology order intake also grew 39.7% YoY as a clear signal that customers value AI grounded in engineering. CYiNGINE, our Agentic AI-enabled lifecycle engineering intelligence platform, is built on that belief, with every playbook measured against the customer's own KPIs.
The integration of TAO Digital adds depth to our platform software and data engineering capabilities, expanding the support available to build stronger data foundations and enterprise AI adoption.?
Meanwhile, the company?s board accorded approval for the acquisition of remaining 49% stake in Cyient Solutions and Systems (CSSPL) for total consideration of Rs 1 lakh. post this acquisition CSSPL will became a wholly owned subsidiary of the company.
Further, the company declared interim dividend of Rs 12 per equity share on par value of Rs 5 per share. The record date has been fixed as on 28 October 2026 and the dividend will be paid by 17 November 2026.
Cyient is a global engineering and technology solutions company providing services across aerospace, rail, automotive, telecommunications, energy, healthcare, mining and utilities sectors. The company offers engineering solutions covering product design, development, manufacturing support and maintenance. It serves over 300 customers and employs more than 15,000 professionals across over 30 countries.
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