Cyient DLM Q2 Results | Net profit more than doubles to ₹32 crore; revenue slips 20%

The company’s revenue from operations declined 20.3% year-on-year to ₹310.6 crore, down from ₹389.5 crore in the corresponding quarter of the previous fiscal, largely due to the completion of a large defence order. Shares of Cyient DLM Ltd ended at ₹465.50, down by ₹21.45 or 4.40% on the BSE.

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