Q4FY17 results: Cyient
Amir Shaikh / 20 Apr 2017
The board of directors of the company has recommended a final dividend of Rs 5 per equity share of face value of Rs 5 each for the financial year 2016-17.
Cyient reported its results for the quarter ended March 31, 2017 today.
The total sales for Q4FY17 came in at Rs 933.9 crore, which represents a 2.2% sequential increase and 14.48% YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 94.1 crore and its EBIT margin stood at 10.08%.
The company reported PAT of Rs 77.1 crore, which represents a sequential QoQ decline of 17.36% and a YoY increase of 16.29%.
The board of directors of the company has recommended a final dividend of Rs 5 per equity share of face value of Rs 5 each for the financial year 2016-17.
The Cyient stock today opened at Rs 500, touched the day's high of Rs 510 and closed at Rs 502.80.
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