Arcedo Systems is a premier provider of integrated renewable energy solutions. As part of this MoU, Arcedo will design, engineer, install, and maintain the solar power plant. The project will operate under a long-term power purchase agreement (PPA), where Cyient DLM will procure solar power generated at the facility. Anthony Montalbano, CEO, Cyient DLM, stated, At Cyient DLM, sustainability is a core pillar of our operational strategy and a key driver of our commitment to creating a positive impact on the environment. This MoU with Arcedo Systems to establish this solar power plant is a significant step forward towards our commitment in reducing our carbon footprint and embracing renewable energy solutions.' Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product. The company reported consolidated net profit of Rs 15.50 crore in Q2 FY25, up 5.44% as against Rs 15.50 crore posted in Q2 FY24. Revenue from operation was at Rs 389.40 crore in Q2 FY25, registering a growth of 33.44% year on year. The scrip fell 1.69% to currently trade at Rs 698.60 on the BSE. Powered by Capital Market - Live

The company has inked a 16-year program forecast to develop liquid cooling loops that will be used in select applications of Micro VCS. Micro VCS is poised to redefine cabin temperature control. Crafted meticulously while prioritizing sustainability and efficiency, Micro VCS represents a leap forward in shaping the future of aircraft. Anthony Montalbano, CEO, Cyient DLM, said, 'We are honoured to have been selected by Honeywell Aerospace Technologies to work with them on Micro VCS. This strategic collaboration brings to market the collective strengths in aviation technology of Honeywell AT and Cyient DLM, to drive forward the development of Micro VCS.' Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product. The company reported consolidated net profit of Rs 15.50 crore in Q2 FY25, up 5.44% as against Rs 15.50 crore posted in Q2 FY24. Revenue from operation was at Rs 389.40 crore in Q2 FY25, registering a growth of 33.44% year on year.Powered by Capital Market - Live

Net profit of Cyient DLM rose 5.46% to Rs 15.45 crore in the quarter ended September 2024 as against Rs 14.65 crore during the previous quarter ended September 2023. Sales rose 33.45% to Rs 389.45 crore in the quarter ended September 2024 as against Rs 291.84 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales389.45291.84 33 OPM %8.128.07 - PBDT27.7625.24 10 PBT20.8919.76 6 NP15.4514.65 5 Powered by Capital Market - Live

The Board of Cyient DLM at its meeting held on 03 October 2024 has approved the acquisition of 100 % stake in Altek Electronics Inc. through its wholly owned subsidiary Cyient DLM Inc. Altek Electronics is an electronic manufacturing services provider in the United States. Serving various industries, including but not limited to medical, industrial, telecommunications, and defense contractors, Altek is involved in the entire product life cycle'from prototype to end-of-life services, specializing in PCBA assembly, and upper-level assembly. The purchase price for the transaction will be paid on an Enterprise Value basis; on a Debt Free, Cash free basis and will be equal to an upfront payment of $ 23.4 Mn and an Earnout of a maximum of $ 5.8 Mn based on performance. Powered by Capital Market - Live

Cyient DLM will hold a meeting of the Board of Directors of the Company on 21 October 2024.Powered by Capital Market - Live

Cyient DLM has appointed Mujeeb Rahiman has been appointed as Vice President and Head of Operations - India, w.e.f 26 August 2024.Powered by Capital Market - Live