Cyient DLM shares slide over 13% after Q3 PAT declines 9% YoY. What investors should do
- Posted on January 22, 2025
- By Business News Today
- 4 Views
Cyient DLM shares slide over 13% after Q3 PAT declines 9% YoY. What investors should do
Cyient DLM reported an adjusted PAT of Rs 166 crore for the quarter. Revenue grew 38.4% YoY to Rs 4,442 crore, while adjusted EBITDA rose 21.9% YoY to Rs 359 crore. However, the EBITDA margin contracted by 109 basis points to 8.1%, and the adjusted PAT margin declined 200 basis points YoY, settling at 3.7%.
