Cyient DLM Q3 profit, margins widen, revenue falls; M&A cost, labour code effect dampen numbers

Cyient DLM reported a 2.7% year-on-year rise in Q3 net profit to ₹11.2 crore, while revenue declined 31.7% to ₹303.3 crore, impacted by completion of a large defence order. EBITDA fell 3.3% to ₹27.3 crore, but margins improved to 9% due to better revenue mix, supply chain efficiency, and operational gains.​Read More