Cyient DLM Ltd Share Price – NSE  /  BSE

Electronics, Small Cap

Profit before tax soared 102.72% to Rs 14.16 crore in Q1 FY24 as against Rs 6.99 crore recorded in same period a year ago.

Total expenses spiked 19.69% year on year to Rs 252.62 crore during the quarter. Cost of materials consumed stood at Rs 220.37 crore (up 27.04% YoY) and employee benefits expenses stood at Rs 32.8 crore (up 34.26% YoY) in Q1 FY25.

EBITDA remained constant at Rs 20 crore in the June quarter as compared to Q1 FY24. EBITDA margin reduced to 7.8% in Q1 FY25 from 9.2% registered in the same quarter last fiscal.

The order book was at Rs 2,126.7 crore in the quarter ended 30 June 2024, down 14.92% as against Rs 2,499.7 crore recorded in the corresponding quarter previous year.

Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product.

The scrip fell 1.68% to currently trade at Rs 752.45 on the BSE.

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Net profit of Cyient DLM rose 97.76% to Rs 10.60 crore in the quarter ended June 2024 as against Rs 5.36 crore during the previous quarter ended June 2023. Sales rose 18.76% to Rs 257.89 crore in the quarter ended June 2024 as against Rs 217.15 crore during the previous quarter ended June 2023.

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Cyient DLM will hold a meeting of the Board of Directors of the Company on 22 July 2024.

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Cyient DLM announced that the 31st Annual General Meeting (AGM) of the company will be held on 28 June 2024.

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