Cyient DLM shares fell over 3% in morning trade on Wednesday after the company announced its Q2 results. As of 9:21 AM, the shares were trading 3.39% lower at Rs 452.30.
The company reported a net profit of ₹32 crore, more than double the ₹15 crore posted in the same quarter last year, reflecting strong year-on-year growth in profitability.
However, revenue for the quarter declined 20.3% to ₹310.6 crore, compared to ₹389.5 crore in Q2 FY2024-25, signaling slower demand in certain segments. Despite the drop in topline, Cyient DLM’s EBITDA remained steady at ₹31.1 crore, down just 1.3% from ₹31.6 crore a year earlier.
EBITDA margin improved notably to 10% from 8.1% in the previous year, highlighting improved operational efficiency and cost control.
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