Cyient Q3: Net Profit Dips 28% QoQ, Revenue & Margins Up; AI Focus for Recovery

• Cyient's Q3 net profit fell 28% QoQ to ₹91.8 crore, down from ₹127.5 crore in the previous quarter.
• Revenue increased 3.8% QoQ to ₹1,848.5 crore, and EBIT grew 13.6% to ₹167 crore.
• EBIT margin expanded to 9% from 8.2%, driven by operational efficiency and a shift to higher-value projects.
• The company attributes soft revenue to customer pushouts and tariff uncertainties, but anticipates recovery.
• Cyient is investing in AI and future skills centers to build an AI-ready workforce, aligning with Viksit Bharat 2047.

Why It Matters: Cyient's Q3 saw a profit dip but revenue and margins rose, with AI investment signaling future growth.