Cyient surges on reporting forty five% soar in Q4 consolidated net earnings

Cyient surges on reporting forty five% soar in Q4 consolidated net earnings

by admin- Friday, April 26th, 2019 04:31:40 PM

Cyient is currently buying and selling at Rs. 596.00, up by 9.Sixty five points or 1.65% from its preceding final of Rs. 586.35 at the BSE.

The scrip opened at Rs. 600.05 and has touched a high and occasional of Rs. 635.00 and Rs. 588.25 respectively. So some distance 60468 shares were traded on the counter.

The BSE group ‘A’ stock of face fee Rs. Five has touched a fifty two week excessive of Rs. 887.00 on 11-May-2018 and a 52 week low of Rs. 571.10 on 29-Jan-2019.

Last one week high and occasional of the scrip stood at Rs. 595.00 and Rs. 581.00 respectively. The modern market cap of the employer is Rs. 6513.Ninety crore.

The promoters preserving within the enterprise stood at 22.48%, whilst Institutions and Non-Institutions held sixty six.38% and 11.14% respectively.

Cyient has suggested a upward thrust of 36.57% in its internet profit at Rs 136.30 crore for the sector ended March 31, 2019, in comparison to Rs 99.Eighty crore for the identical quarter in the preceding year. Total profits of the enterprise expanded by way of thirteen.24% at Rs 465.20 crore for Q4FY19 in comparison Rs 410.80 crore for the corresponding zone preceding year.

On the consolidated basis, the corporation has reported a upward thrust of forty five.21% in its internet profit at Rs 176.00 crore for the sector beneath evaluate as compared to Rs 121.20 crore for the identical quarter within the preceding 12 months. Total profits of the agency increased with the aid of 12.31% at Rs 1,241.Eighty crore for Q4FY19 in comparison Rs 1,105.70 crore for the corresponding zone preceding 12 months.

For the 12 months ended March 31, 2019, the organisation has said a rise of nine.Sixty eight% in its internet earnings at Rs 440.70 crore compared to Rs 401.Eighty crore for the previous 12 months. Total profits of the agency increased by 8.88% at Rs 1,777.00 crore for year under review compared to Rs 1,632.00 crore for year ended March 31, 2018.

For the 12 months ended March 31, 2019, on the consolidated foundation, the agency has said a upward push of 18.36% in its net income at Rs 477.10 crore compared to Rs 403.10 crore for the preceding yr. Total profits of the employer extended by using 16.76% at Rs four,751.50 crore for year underneath evaluation in comparison to Rs 4,069.Forty crore for 12 months ended March 31, 2018.

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