Cyient DLM Q1 Results: Net Profit Drops 29% To Rs 7.5 Crore, Revenue Up 8% YoY

Cyient DLM Q1 Results: Cyient DLM announced announced its April-June quarter results for fiscal 2025-26 (Q1FY26) on Tuesday, July 22, reporting a drop of 29.6% in its consolidated net profit to Rs 7.5 crore, compared to Rs 10.6 crore in the corresponding period last year.

The tech company focused on design led manufacturing reported a rise of 18% in its topline (revenue from operations) to Rs 278 crore in the first quarter of current fiscal, compared to Rs 258 crore in the year-ago period.

• Revenue up 8% to Rs 278 crore versus Rs 258 crore (Estimate: Rs 290 crore

• EBITDA up 25.3% to Rs 25 crore versus Rs 20 crore (Estimate: Rs 22 crore)

• Margin at 9% versus 7.8% (Estimate: 7.5%)

• Net profit down 29.6% to Rs 7.5 crore versus Rs 10.6 crore (Estimate: Rs 8 crore)

Cyient DLM attributed the profit drop to a less favourable revenue mix and higher input costs during the quarter. However, the company maintained a positive outlook for the rest of the year, highlighting a strong order book and pipeline opportunities. It said that the revenue growth impacted by completion of large order in FY25 offset by addition of revenue from M&A.

The net profit was impacted by amortization of intangibles which is a noncash item and reduced interest income due to IPO proceeds utilization. The material cost ratio improved due to better mix and improved supply chain efforts.

Also, material cost is lower in US operations. The employee cost and other expense increase on an annual basis was due to the inclusion of US operations. Shares of Cyient DLM settled 1.33% higher at Rs 481.20 apiece on the BSE.