Cyient Board Approves ₹720 Crore Buyback and Audited FY26 Results; Final Dividend Not Recommended
Cyient's Board approved audited FY26 results and a ₹720 crore share buyback of 64,00,000 shares at ₹1125 each. Final dividend for FY26 was not recommended. A branch office in Saudi Arabia was approved. Standalone FY26 profit was ₹4,279 crore, consolidated ₹4,630 crore.
The share buyback is a material event that directly impacts shareholder value and capital structure. The financial results provide crucial performance indicators.
The approval of a significant share buyback program and the release of audited financial results are positive developments for the company.
Cyient Limited announced the outcome of its Board Meeting held on April 23, 2026. The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.
A significant decision was the approval of a share buyback program of 64,00,000 shares at a price of ₹1125 each, amounting to a total of ₹720 crore. This buyback is subject to shareholder approval via postal ballot.
The Board also considered the Final Dividend for the financial year 2025-26 but decided not to recommend it. In other business, the company approved the setup of a branch office in the Kingdom of Saudi Arabia and the re-appointment of Mr. B.V.R Mohan Reddy as a Non-Executive, Non-Independent director, subject to shareholder approval.
The financial results for the quarter ended March 31, 2026, show a net profit attributable to shareholders of ₹548 crore on a standalone basis and ₹655 crore on a consolidated basis. For the full year ended March 31, 2026, the standalone net profit was ₹4,279 crore, and the consolidated net profit was ₹4,630 crore.
The acquisition of a majority stake in Kinetic Technologies, announced in December 2025, was completed on April 8, 2026, post the reporting period.
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Cyient Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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