ALPHA TRIBE

Cyient DLM LimitedResults, 27-01-2025: Integrated Filing- Financial

27-01-2025 | 04:07 pm

Cyient DLM Limited has submitted its financial results for the quarter and nine months ended 31 December 2024, reflecting a robust operational performance. The company’s recent acquisition of Altek Electronics LLC contributed approximately USD 10.24 million (Rs. 849.33 crore) in revenue and USD 0.63 million (Rs. 53.48 crore) in profit before tax. Despite the ongoing integration costs of USD 0.96 million (Rs. 110 crore), the overall outlook remains positive as the newly acquired entity enhances the growth trajectory. This strategic move is expected to bolster investor sentiment with its potential for significantly improving the company's market position.

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