Cyient Q3FY25 results: Net profit declines to Rs 122 cr on higher costs

Indian engineering and technology firm Cyient reported a third-quarter profit below analysts’ expectations on Thursday, hurt by slower growth in its biggest segment and higher costs.

Its profit declined to Rs 122 crore ($14.12 million) for the three months ended Dec. 31, from Rs 147 crore a year ago. Analysts had expected Rs 171 crore, according to data compiled by LSEG.