Cyient Ltd is facing a bumpy road after a tough FY25, as shared in a Moneycontrol report on April 21, 2025.
The IT firm saw a modest 5.8% revenue growth in Q3 FY25, but its Digital Engineering Technology segment dipped 2.2%, hit by delays in the Sustainability vertical.
A CEO change, declining headcount, and a slashed FY25 forecast add to the woes.
However, hope shines with a record $312.3 million order intake and a new semiconductor subsidiary.
Management is optimistic about FY26, expecting recovery in key verticals like Aero and Connectivity.
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