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✦Reported by Zee Business

Cyient Dividend: IT company announces 240% interim dividend along with Q2 results

Cyient Dividend: IT company announces 240% interim dividend along with Q2 results
Source: Zee Business

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Cyient Ltd announced a 240 per cent interim dividend on Thursday, October 22, alongside its Q2FY27 results.
  • ✓The company declared a dividend of Rs 12 per equity share.
  • ✓While total income grew to Rs 22,436 million, net profit fell to Rs 1,325 million.

Story at a Glance

Category
MARKET
Reported By
Zee Business
Reading Speed
2 Minute(s)
Market Focus
India Economy

Cyient Dividend: IT company Cyient Ltd on Thursday, October 22, announced an interim dividend of 240 per cent along with its Q2FY27 results. In a regulatory filing, the company said that it has declared a dividend of Rs 12 per equity share with a face value of Rs 5 each. The announcement came after market hours.

Cyient Q2 results: Year-on-year performance

Cyient reported a net profit of Rs 1,325 million in Q2FY27, compared with Rs 1,429 million in the year-ago quarter. This marks a decline of 7.3 per cent year-on-year.

Total income increased to Rs 22,436 million from Rs 18,310 million, registering a growth of 22.5 per cent.

Revenue from contracts with customers rose to Rs 22,350 million from Rs 17,810 million in the corresponding quarter last year, an increase of 25.5 per cent.

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Cyient Dividend: IT company announces 240% interim dividend along with Q2 results | ArthNow