Cyient Ltd’s Q4FY23 results

This is a brief analysis of Cyient Limited’s Q4FY23 results. Company has reported consolidated revenues of Rs 1751 cr in Q4, which are 48.3% higher than those of Q4FY22. The y-o-y comparison may not show a clear picture since the Company did four acquisitions during the year. However,  sequentially too company reported a good growth of 8.2% in rupee terms. In constant currency terms, growth was 6.6%.