Business EconomyPosted at: Jan 22 2026 9:27PM

Hyderabad, Jan 22 (UNI) Cyient, a global Intelligent Engineering Solutions company, on Thursday reported a robust set of numbers for the third quarter of FY26, underscoring steady execution and the impact of its strategic initiatives despite a challenging global macro environment.
For Q3 FY26, Cyient’s Digital, Engineering, and Technology (DET) business posted revenue of ₹1,488 crore, marking 3.5 percent sequential growth and 6.5 percent year-on-year growth. Normalised EBIT stood at ₹185 crore, up 4.6 percent YoY, with margins improving to 12.4 percent.
Normalised PAT surged 40.2 percent YoY to ₹150 crore, while free cash flow remained strong at ₹236 crore, translating into an FCF-to-PAT conversion of 158, the Hyderabad based company said in a release here.
Commenting on the results, Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, said, “This quarter, Cyient Group sustained its growth momentum, delivering results in line with expectations across key segments, even amid a challenging macroeconomic and geopolitical environment. Our cash position and profitability give me immense confidence that we are well-positioned to drive growth across our balanced and diversified portfolio of DET, DLM and Semiconductors."
The semiconductor business delivered 10.7 percent QoQ revenue growth, aided by investments in analog and power ICs, strategic partnerships, and progress in India’s semiconductor ecosystem, including GaN technology initiatives and indigenous silicon platforms.
Cyient also strengthened its market presence through new customer wins, expansion in the Middle East, and the launch of a customer experience center in Lisbon.
The company added eight strategic new logos during the quarter, while key accounts grew 5% percent QoQ and 15.5 percent YoY.
Leadership reiterated confidence in a strong FY26 exit, emphasizing Cyient’s differentiated “Embracing Intelligence” approach—combining deep domain expertise with AI—to expand its addressable market and deliver long-term, sustainable growth.
UNI KNR RN

Please log in to get detailed story.