Alpha Tribe

Cyient LimitedPPTs, 24-10-2024: Investor Presentation

24-10-2024 · 04:38 pm

Cyient Ltd. reported significant developments, including the strategic acquisition of Abu Dhabi & Gulf Computer Est. to enhance its presence in the UAE's energy sector. The company also acquired a 27.3% stake in Azimuth AI, reinforcing its focus on semiconductors. They completed the sale of ~11.5 million equity shares in Cyient DLM, generating ~₹875 crores to support growth initiatives and debt repayment. Q2 FY25 revenue reached $220.7 million, up 2.6% YoY, with PAT of ₹177 crores.

No comments yet. Be the first to comment!

All announcements from Cyient Limited