Hot Pursuit     23-Jul-24
Cyient DLM Q1 PAT soars 98% to Rs 11 cr
Cyient DLM reported net profit surged 97.76% to Rs 10.6 crore on 18.76% rise in revenue from operations to Rs 257.89 crore in Q1 FY25 over Q1 FY24.

Profit before tax soared 102.72% to Rs 14.16 crore in Q1 FY24 as against Rs 6.99 crore recorded in same period a year ago.

Total expenses spiked 19.69% year on year to Rs 252.62 crore during the quarter. Cost of materials consumed stood at Rs 220.37 crore (up 27.04% YoY) and employee benefits expenses stood at Rs 32.8 crore (up 34.26% YoY) in Q1 FY25.

EBITDA remained constant at Rs 20 crore in the June quarter as compared to Q1 FY24. EBITDA margin reduced to 7.8% in Q1 FY25 from 9.2% registered in the same quarter last fiscal.

The order book was at Rs 2,126.7 crore in the quarter ended 30 June 2024, down 14.92% as against Rs 2,499.7 crore recorded in the corresponding quarter previous year.

Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product.

The scrip fell 1.68% to currently trade at Rs 752.45 on the BSE.

Previous News
  Cyient DLM standalone net profit rises 106.34% in the September 2023 quarter
 ( Results - Announcements 17-Oct-23   07:31 )
  Cyient DLM Ltd leads losers in 'A' group
 ( Hot Pursuit - 22-Jan-25   15:00 )
  Cyient DLM rises after joining hands with Honeywell Aerospace Technologies
 ( Hot Pursuit - 06-Nov-24   17:10 )
  Board of Cyient DLM approves acquisition of Altek Electronics Inc.
 ( Corporate News - 04-Oct-24   09:02 )
  Cyient DLM to convene board meeting
 ( Corporate News - 02-Jan-25   16:33 )
  Cyient DLM consolidated net profit rises 97.76% in the June 2024 quarter
 ( Results - Announcements 22-Jul-24   16:37 )
  Cyient DLM soars on debut
 ( Hot Pursuit - 10-Jul-23   10:22 )
  Cyient DLM IPO subscribed 7.58 times
 ( IPO Centre - IPO News 28-Jun-23   17:26 )
  Cyient DLM to table results
 ( Corporate News - 15-Jul-23   11:08 )
  Board of Cyient DLM appoints director
 ( Corporate News - 21-Jul-23   17:50 )
  Board of Cyient DLM appoints director and company secretary
 ( Corporate News - 21-Jul-23   16:53 )
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