Mumbai: Cyient DLM reported a sharp 99.8 percent sequential rise in consolidated net profit to Rs 224.4 million in Q4 FY26, while revenue from operations grew 21.7 percent quarter-on-quarter to Rs 3,690.8 million. Compared to Rs 112.3 million profit in Q3 FY26 and Rs 310.4 million in Q4 FY25, the company’s earnings rebounded strongly on a sequential basis despite a year-on-year decline, reflecting improved operational momentum in the final quarter.
On a year-on-year basis, Cyient DLM’s Q4 performance moderated, with revenue declining 13.8 percent from Rs 4,280.6 million in Q4 FY25, while net profit fell 27.7 percent from Rs 310.4 million.
However, sequential trends showed recovery, with revenue rising from Rs 3,033.5 million in Q3 FY26 and profit nearly doubling from Rs 112.3 million, supported by improved cost efficiencies and operating leverage.
Sequential Growth Builds
Sequential improvement was driven by a controlled rise in expenses relative to revenue growth. Total expenses increased 17.0 percent QoQ to Rs 3,425.4 million, lower than the 21.7 percent revenue growth, aiding margin expansion.
Employee benefits expenses remained largely stable at Rs 576.0 million versus Rs 584.5 million in Q3, while finance costs declined to Rs 56.4 million from Rs 61.1 million, supporting profitability. Inventory adjustments also contributed positively compared to the previous quarter.
Key Drivers
Profit before tax rose to Rs 316.8 million in Q4 FY26 from Rs 149.1 million in Q3, indicating stronger operating performance. Earnings per share nearly doubled to Rs 2.83 from Rs 1.42 in the previous quarter.
Other income also increased to Rs 51.3 million from Rs 42.9 million sequentially, contributing to overall earnings growth. The quarter reflects operational stabilization following earlier volatility in costs and demand.
Full-Year Performance
For FY26, Cyient DLM reported consolidated revenue of Rs 12,614.9 million, down from Rs 15,196.3 million in FY25. Net profit for the year stood at Rs 732.8 million compared to Rs 680.8 million in the previous year, indicating modest annual growth despite revenue contraction. Profit before tax improved to Rs 931.6 million from Rs 917.2 million, reflecting better cost management over the year.
Disclaimer: This summary is based on audited financial results and is not a full UFR or investment advice.
