Reuters
Engineering and information technology firm Cyient Ltd on Thursday reported a bigger-than-expected rise in fourth-quarter revenue, aided by a strong services deal pipeline. The company's consolidated revenue from operations rose 48.3% to 17.51 billion rupees ($213.22 million) for the three months ended March 31, beating analyst expectations of 17.29 billion rupees, according to Refinitiv IBES data. The Hyderabad-based company said it expects consolidated services revenue growth in the range of 15–20% year-on-year on a constant currency basis for fiscal 2024.