Cyient Appoints Muralidhar Yadama as Independent Director, Reports Q1 FY27 Results
Cyient Limited reported Q1 FY27 consolidated profit after tax of ₹1,087 crore on revenue of ₹20,757 crore. Standalone profit was ₹382 crore on revenue of ₹6,182 crore. The company appointed Mr. Muralidhar Yadama as an Independent Director.
The appointment of an independent director can strengthen corporate governance. The financial results show positive growth, impacting investor confidence.
The appointment of an independent director is generally viewed positively, and the financial results show an increase in profit compared to the previous year's quarter.
Cyient Limited announced the outcome of its Board of Directors meeting held on July 23, 2026. The Board approved the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2026.
In its financial results for the quarter ended June 30, 2026, Cyient reported a consolidated profit after tax of ₹1,087 crore, an increase from ₹655 crore in the previous corresponding quarter. Consolidated revenue from contracts with customers stood at ₹20,757 crore for the quarter. Standalone profit after tax for the quarter was ₹382 crore, with revenue from contracts with customers at ₹6,182 crore.
The company also announced the appointment of Mr. Muralidhar Yadama (DIN:00034952) as an Independent Director, effective July 23, 2026, for a period of 5 years, subject to shareholder approval. Mr. Yadama brings extensive experience in the building material industry and holds a Bachelor of Engineering in Ceramic & Cement Technology. He is not related to any existing directors or key managerial personnel.
The Board meeting commenced at 01:45 P.M. IST and concluded at 04:30 P.M. IST.
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