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  • Generative AI is hyped, yet to come in a big fashion in engineering services: Cyient MD Krishna Bodanapu

    Bodanapu expects Cyient’s revenue to touch $1 billion by FY25, driven by increased technology spending by customers and improving the deal mix.

  • Cyient rejigs top brass, appoints Krishna Bodanapu as executive vice-chairman and MD

    Cyient rejigs top brass, appoints Krishna Bodanapu as executive vice-chairman and MD

    Karthikeyan Natarajan has been appointed as CEO and will continue to be executive director of Cyient and Prabhakar Atla has been appointed as the CFO designate

  • Cyient plans to offload stakes in underperforming units this year: MD

    Cyient plans to offload stakes in underperforming units this year: MD

    The Hyderabad-based firm, which provides technology and engineering solutions to an array of Fortune-500 companies, is evaluating which units fit well with their portfolio.

  • Cyient inks agreement with thyssenkrupp Elevator

    Cyient inks agreement with thyssenkrupp Elevator

    IT firm Cyient, formerly known as Infotech Enterprises, today said it has entered into a long-term agreement with thyssenkrupp Elevator, to support its MAX platform.

  • Cyient rises 2% on joint go-to-market agreement with Italian co

    Cyient rises 2% on joint go-to-market agreement with Italian co

    "Italian company ASE S.p.A and Cyient Inc, on February 15, announced a joint go-to-market agreement for joine market development of products in electric power generation arena," the company said in its filing.

  • Cyient rises over 5% as investors give thumbs up to Certon buy

    Cyient rises over 5% as investors give thumbs up to Certon buy

    IT firm to buy 100 percent stake in US-based Certon Software in an all cash transaction for $7.5 million. The company's management expects the acquisition to be marginally EPS accretive.

  • Cyient Q3 net profit up 14% at Rs 94 cr

    Cyient Q3 net profit up 14% at Rs 94 cr

    The Hyderabad-based company had posted a net profit of Rs 82.74 crore in the corresponding quarter a year ago, Cyient said in a statement.

  • Aim 10% core business growth in FY17: Cyient CEO

    Aim 10% core business growth in FY17: Cyient CEO

    Softential, a Cyient company dealing in service operations management, was also a major dissapointment in FY16, bringing lower than anticipated revenues. But Bodanapu expects it to do better in the future and says it is going to fetch them little over $20 million in the coming year.

  • Cyient Q4 net profit dips 29.7% to Rs 65.9 cr

    Cyient Q4 net profit dips 29.7% to Rs 65.9 cr

    Cyient's revenue stood at Rs 815.8 crore in the said quarter as against Rs 730 crore in the year-ago period, up 11.8 per cent.

  • Fewer work days battered Q3; expect better revenue in Q4: Cyient

    Fewer work days battered Q3; expect better revenue in Q4: Cyient

    In an interview with CNBC-TV18, Krishna Bodanapu, CEO and MD of Cyient said that capacity output in Q3 was low due to fewer working days which resulted in a weak quarter. However, he expects better revenue in Q4.

  • Cyient acquires Global Services Engineering Asia

    Cyient acquires Global Services Engineering Asia

    IT firm Cyient Ltd on Wednesday announced that it has acquired Singapore-based Global Services Engineering Asia from Pratt & Whitney Services Pte for an undisclosed sum.

  • Expect good growth in coming quarters: Cyient

    Expect good growth in coming quarters: Cyient

    Cyient reported a mixed set of earnings with a miss on the revenue front and a beat on the margins. Krishna Bodanapu, MD & CEO of Cyient spoke about the results and his outlook for the company.

  • Eyeing 16% margins, 3-4% QoQ revenue growth: Cyient

    Eyeing 16% margins, 3-4% QoQ revenue growth: Cyient

    According to Krishna Bodanapu, a project that the company was expecting to complete and bill in Q4 got pulled into Q3, aiding the margins quite significantly.

  • Visibility for FY16 is looking strong: Cyient

    Visibility for FY16 is looking strong: Cyient

    In an interview to CNBC-TV18, Krishna Bodanapu, MD & CEO of Cyient, said the business momentum in the current year is better than last year.

  • Cyient hits record high, up 14% on strong performance in Q2

    Cyient hits record high, up 14% on strong performance in Q2

    Hyderabad-based engineering, network and operations solutions company (earlier known as Infotech Enterprises) on Wednesday reported a 31.7 percent (sequential) growth in second quarter net profit at Rs 90.2 crore led by strong revenue and operational performance.

  • See margin boost of 100 bps QoQ to continue: Cyient

    See margin boost of 100 bps QoQ to continue: Cyient

    Krishna Bodanapu, MD and CEO, Cyient says that growth in Q2 was broad-based as growth in data network operations stood at 10 percent while top 20 clients grew at 6.1 percent.

  • Infotech Enterprise up 5% on buying US firm Softential

    Infotech Enterprise up 5% on buying US firm Softential

    Krishna Bodanapu, President & COO, Infotech said Softential's 2013 revenue stands at USD 17-18 million. The price paid for the buyout includes 1.1 times of its 2013 revenue plus another performance-based payout component based on EBITDA over the 12 months.

  • Confident of delivering strong results ahead: Infotech Ent

    Confident of delivering strong results ahead: Infotech Ent

    Infotech Enterprises is quite confident of its order backlog and pipeline and aims to delivering strong results going forward.

  • Expect EBIT margins around 20% for H2FY14: Infotech

    Expect EBIT margins around 20% for H2FY14: Infotech

    As far as the pricing environment goes, Krishna Bodanapu, President & COO of Infotech says the days of automatic price increases are over.

  • Management bandwidth a concern for acquisition: Infotech

    Management bandwidth a concern for acquisition: Infotech

    The company has articulated an acquisition strategy that will help in fulfilling gaps in terms of capabilities or geographic locations and given the resources at the company‘s disposal, the only limiting factor is the management bandwidth, says Krishna Bodanapu, President & COO of Infotech.

  • Infotech Ent expects FY14 to turn out better than FY13

    Infotech Ent expects FY14 to turn out better than FY13

    Krishna Bodanapu, President & COO, Infotech Enterprises told CNBC-TV18 that he still believes that the company will have a better year as compared to last year.

  • Confident of business going forward for FY14: Infotech Ent

    Confident of business going forward for FY14: Infotech Ent

    Though Krishna Bodanapu, President and COO of Infotech Enterprises feels that the company may face some short-term challenges in Q4, he is confident of things being positive in FY14.

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