Cyient announces the launch of its new office in Sydney, Australia, located in Parramatta, New South Wales. This strategic expansion underscores Cyient`s commitment to the Australian market, strengthening its position and enhancing its capabilities to serve customers across the connectivity sector. Located in one of Australia`s most dynamic business districts, the new office will accommodate over 100+ associates. With modern infrastructure and advanced facilities, the Parramatta office will enable Cyient to deepen its partnerships with leading connectivity providers, creating a collaborative environment that encourages innovation and operational excellence.In addition to bolstering support for Cyient`s connectivity clients, the new office positions the company to explore and expand opportunities in additional sectors. By increasing its operational base in Parramatta, Cyient is also well-placed to attract top talent and collaborate closely with local industry players. Powered by Capital Market - Live News

Cyient has allotted 26,604 equity shares under ASOP on 04 December 2024. Powered by Capital Market - Live News

Cyient, Inc., a wholly-owned subsidiary of the Company in the US, has converted from a California corporation to a Delaware corporation. Other than this conversion, the corporation`s Employer Identification Number (EIN) and other identifying information remain the same. Powered by Capital Market - Live News

Cyient announced that the Board of Directors of the Company at its meeting held on 24 October 2024, has recommended a Interim dividend of Rs.12 per share (i.e.240%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Cyient rose 0.45% to Rs 179.10 crore in the quarter ended September 2024 as against Rs 178.30 crore during the previous quarter ended September 2023. Sales rose 3.97% to Rs 1849.10 crore in the quarter ended September 2024 as against Rs 1778.50 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1849.101778.50 4 OPM %16.0518.32 - PBDT320.30312.30 3 PBT254.30246.50 3 NP179.10178.30 0 Powered by Capital Market - Live News