Cyient DLM shares crash 19% despite Q2 profit rise
At 9.57 am, Cyient DLM shares were trading 16% lower at ₹861.25 on the NSE after hitting an intraday low of ₹832.20, compared with the previous close of ₹1,030.10
Cyient DLM shares experienced a significant decline of over 19 percent on Friday, even though the company reported a robust 43 percent year-over-year rise in standalone net profit for the September 2026 quarter. Despite growth in revenue and strong order momentum, the stock faced pressure due to its substantial decline. Trading at ₹861.25 on the NSE at 9:57 am, the shares dropped from their previous close of ₹1,030.10, hitting an intraday low of ₹832.20.
In Q2FY27, Cyient DLM reported a standalone net profit of ₹19.4 crore, a notable 43 percent increase from ₹13.5 crore in the same quarter last year. Revenue from operations grew by 25 percent to ₹294.8 crore, compared to ₹235.64 crore in Q2FY26. The company showcased continued momentum in key business segments, including Aerospace and Industrial, Defence, and Medical, with a healthy order book ratio of 1.6.
Orders grew by 11 percent quarter-over-quarter and 15.4 percent year-over-year. The appointment of Sandip Mishra as Senior Vice President and Chief Human Resources Officer was also announced by the board.
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