Cyient, the engineering and technology solutions firm, reported a 25% decline in net profit for Q3, falling to Rs. 92 crore, primarily due to margin pressure and currency fluctuations. Revenue growth was modest as certain client segments experienced slower demand, impacting overall performance. Analysts noted that while core business segments remained operationally stable, rising costs and competitive pricing in international markets weighed on profitability. Management highlighted efforts to optimize costs and expand higher-margin services.
