Cyient Q2 Results Live: Profit Rises by 0.45% YoY

Cyient Q2 Results Live : Cyient declared their Q2 results on October 24, 2024, revealing a topline growth of 3.97% year-over-year, along with a profit increase of 0.45% YOY. Compared to the previous quarter, revenue witnessed a robust growth of 10.35%, while profits surged by an impressive 24.46%.

The company’s financial performance was impacted by rising Selling, General & Administrative expenses, which rose by 0.85% quarter-on-quarter and 5.2% year-over-year. This increase in expenses was a notable factor as Cyient navigated through the current economic landscape.