Cyient DLM reported a 113.3% YoY jump in Q2 FY26 net profit to Rs 32 crore, despite a 20.3% decline in revenue to Rs 310.6 crore due to the completion of a large defence order. EBITDA margin improved to 10%, aided by supply chain efficiencies and a favourable business mix. Order intake rose to Rs 497.7 crore, expanding the backlog.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets