CYIENT: Strong Q1 with margin gains, robust order book, and growth led by transportation and semiconductors
Q1 FY2027 saw strong order intake, margin expansion, and robust growth in transportation, mobility, and semiconductors, despite macro headwinds in energy and delayed discretionary projects. EBIT margin target of 15% is deferred to H1 FY2028, with growth expected to accelerate in H2.Based on Cyient…