See FY18 margins higher by 50 bps: Cyient

Cyient posted an operationally stable set of earnings in Q4 as revenues comes in-line with estimates but profits are lower than expectations.

In an interview to CNBC-TV18, Krishna Bodanapu, MD & CEO of Cyient spoke about the results and his outlook for the company.

He said that design led manufacturing (DLM) will see growth of around 20 percent versus 36 percent in FY17, but with better profitability.

However, see FY18 margins higher by 50 bps, said Bodanapu.