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Reading: Cyient Approves ₹720 Crore Share Buyback in Strategic Move to Boost Investor Confidence
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Cyient board okays ₹720 cr share buyback
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Cyient Approves ₹720 Crore Share Buyback in Strategic Move to Boost Investor Confidence
Economy

Cyient Approves ₹720 Crore Share Buyback in Strategic Move to Boost Investor Confidence

Indianewsweek By Indianewsweek April 23, 2026 2 Min Read
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The board of directors of Cyient Ltd has approved a share buyback valued at ₹720 crore, offering ₹1,125 per share.

“The board felt that the intrinsic value of the company’s business fundamentals is not reflected in the current market price. Hence, we have approved the buyback proposal. While we are making a buyback, we are confident in our strong cash flow to invest in future growth,” said Krishna Bodanapu, Executive Vice Chairman and Managing Director of Cyient.

For the fourth quarter ending March 31, Cyient reported a net profit of ₹138 crore, which reflects a 9.1 percent decline compared to the same quarter last year. The company posted a revenue of ₹1,500 crore in Q4, marking a 7.4 percent increase from the same period last year.

For the financial year 2025-26, Cyient registered a net profit of ₹588 crore with revenue totaling ₹5,819 crore, demonstrating a year-on-year growth of 7.2 percent.

“During the year, the Cyient group sustained its growth momentum, achieving sequential quarter-on-quarter growth and delivering results consistent with expectations across key segments. Our strong cash flow and cash position provide us with the confidence to invest in the business as well as return value to shareholders,” Krishna added.

Published on April 23, 2026.

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