The board of directors of Cyient Ltd has given the go-ahead for a ₹720 crore share buyback at ₹1,125 per share.
“The board felt that the intrinsic value of the company’s business fundamentals is not reflected in the current market price. Hence have approved the buyback proposal. While we are making a buyback, we are confident that we will have strong cash flow to invest in future growth,” Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, said.
During Q4, which ended March 31, Cyient DET posted a net profit of ₹138 crore, reflecting a 9.1 per cent decline from the same quarter last year. It reported revenue of ₹1,500 crore for the quarter, up by 7.4 per cent from the comparable quarter last year.
For the financial year 2025-26, it registered a net profit of ₹588 crore on a revenue of ₹5,819 crore, showing a growth of 7.2 per cent.
“During the year, the Cyient group sustained its growth momentum, with sequential quarter-on-quarter growth, delivering results in line with expectations across key segments. Our strong cash flow and cash position give us the confidence to invest in the business as well as return value to shareholders,” Krishna said.
Published on April 23, 2026