Board approves Q2 FY27 results, senior HR appointment, RSU and ASOP grants
Board meeting outcome, 15 Oct 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 3,930.90 | 3,106.34 | +26.5% | 3,738.00 | +5.2% |
| Total income | 4,157.05 | 3,332.95 | +24.7% | 3,740.65 | +11.1% |
| Profit before tax | 393.13 | 364.77 | +7.8% | 222.10 | +77% |
| Profit after tax | 340.14 | 321.45 | +5.8% | 162.85 | +109% |
| Total comprehensive income | 372.65 | 333.05 | +11.9% | 166.08 | +124% |
| Basic EPS | 4.28 | 4.05 | +5.7% | 2.05 | +109% |
- Total income YoY change
- Year ago 3,332.95 (+24.7%)
- Period
- Quarter Ended 30-Sep-26 Unaudited
Also decided at the meeting
- Approved appointment of Mr. Sandip Mishra as Senior VP & Chief Human Resources Officer and Senior Managerial Personnel, effective 15 October 2026.
- Approved grant of 10,000 Stock Units under Cyient DLM RSU Scheme, 2023 and 2,63,400 options under Cyient DLM ASOP Scheme 2023 to associates.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Other income includes gain on fair valuation of earnout liability of ₹ 181.95 million in consolidated results for the quarter and half year ended September 30, 2026.
- Fair valuation changes on financial instruments in OCI represent a decline in value of investment in an IP communications company due to long lead time of orders.
Board meeting outcome, 15 October 2026
What the board approved
- The unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- The appointment of Mr. Sandip Mishra as Senior VP & Chief Human Resources Officer and Senior Managerial Personnel of the company. The date of appointment is 15 October 2026 and the term is as per the employment contract. He has global leadership experience in human resources across the technology, services, pharmaceutical and healthcare sectors.
- The grant of 10,000 Stock Units under the Cyient DLM RSU Scheme, 2023 and 2,63,400 options under the Cyient DLM ASOP Scheme 2023 to the associates of the Company.
Auditor's review conclusion
- The statutory auditors carried out a limited review of the unaudited results and issued unmodified reports.
- The review reports state that nothing has come to the auditors' attention that causes them to believe the statements contain a material misstatement. A review is narrower in scope than an audit, and no audit opinion is expressed.
Consolidated results for the quarter ended 30 September 2026
- Revenue from operations: ₹3,930.90 million
- Total income: ₹4,157.05 million
- Net profit for the period: ₹340.14 million
- Basic and diluted EPS: ₹4.28 each
For the half year ended 30 September 2026, consolidated Revenue from operations was ₹7,668.90 million.
From the results notes
- Other income includes a gain on fair valuation of earnout liability of ₹181.95 million in the consolidated results for the quarter and half year ended 30 September 2026.
- Fair valuation changes on financial instruments in other comprehensive income represent a decline in the value of an investment in an IP communications company, explained by long lead times for orders; management expects the value of the investment to improve as the products are launched over the next few years.
- The company operates in a single reportable segment, Electronic Manufacturing Services.
- The consolidated statement covers the holding company and its subsidiaries, Cyient DLM Inc. and Cyient DLM Electronics Inc. (formerly Altek Electronics Inc.), United States of America.
Also from Cyient DLM
Cyient DLM to meet Avener Capital and Carnelian Capital on 27 October 2026
23 Oct 2026
Q2 FY27 call: order backlog INR2,813 crores, book-to-bill over 1.6x, revenue growth above 26%
23 Oct 2026
Grant of 10,000 stock units under RSU 2023 and 2,63,400 options under ASOP 2023 to associates
16 Oct 2026
More numbers
- Revenue from operations (consolidated, half year ended 30 Sep 2026)₹ 7,668.90 million
- Gain on fair valuation of earnout liability (consolidated)₹ 181.95 million
- Stock Units granted under Cyient DLM RSU Scheme, 202310,000 Stock Units
- Options granted under Cyient DLM ASOP Scheme 20232,63,400 options
- Total income, latest quarter4,157.05 (₹ in Millions)
- Total income, year-ago quarter3,332.95 (₹ in Millions)
- Total income, previous quarter3,740.65 (₹ in Millions)
- Total comprehensive income, latest quarter372.65 (₹ in Millions)
- Total comprehensive income, year-ago quarter333.05 (₹ in Millions)
- Total comprehensive income, previous quarter166.08 (₹ in Millions)
- Profit after tax, latest quarter340.14 (₹ in Millions)
- Profit after tax, year-ago quarter321.45 (₹ in Millions)
- Profit after tax, previous quarter162.85 (₹ in Millions)
- Revenue from operations, latest quarter3,930.90 (₹ in Millions)
- Revenue from operations, year-ago quarter3,106.34 (₹ in Millions)
- Revenue from operations, previous quarter3,738.00 (₹ in Millions)
- Profit before tax, latest quarter393.13 (₹ in Millions)
- Profit before tax, year-ago quarter364.77 (₹ in Millions)
- Profit before tax, previous quarter222.10 (₹ in Millions)
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