Cyient Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting
24-07-2025 | 04:37 pm
24-07-2025 | 04:37 pm
Cyient has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from contracts with customers of ₹1,711.8 Cr and a net profit attributable to shareholders of ₹153.8 Cr.
Key strategic moves include reorganizing its global semiconductor business into a dedicated segment, effective April 1. On the operational front, Cyient approved the closure of branches in the Philippines and Australia. The company also confirmed the settlement of a prior civil class action lawsuit for $7.1 million, concluding the case with no material adverse impact.
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