Moneycontrol
Last Updated : Jan 19, 2018 01:57 PM IST | Source: CNBC-TV18

Expect double-digit growth for FY18: Cyient

Cyient reported its Q3 numbers with margins and revenue coming in tad above expectations in a seasonally weak quarter. In an interview to CNBC-TV18, Ajay Aggarwal, CFO of Cyient discussed their Q3 performance and his outlook for the company.

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Cyient reported its Q3 numbers with margins and revenue coming in tad above expectations in a seasonally weak quarter. In an interview to CNBC-TV18, Ajay Aggarwal, CFO of Cyient discussed their Q3 performance and his outlook for the company.

Aggarwal said that Q3 performance is not a one-off, we will continue to do well in next quarter.

He further said that we will be on track with Design Led Manufacturing (DLM) guidance.

We will see the growth of 20 percent on a like-to-like basis in DLM Segment, going ahead, he added.

Talking about numbers, he said we expect double-digit growth for FY18 and looking at 15 percent margins going ahead.

Watch accompanying video for more details.
First Published on Jan 19, 2018 01:57 pm
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