Cyient Ltd

The initiative is part of a joint venture between GreenH, a Norwegian company focused on green hydrogen infrastructure, and Luxcara, a Hamburg-based independent asset manager specializing in renewable energy projects across Europe. This landmark project marks a significant step toward achieving Norway's renewable energy ambitions, particularly in the maritime and heavy transport sectors. The facility will provide green hydrogen fuel under a long-term agreement with Torghatten Nord AS, supporting the Vestfjorden ferries'a flagship effort in Norway's maritime energy transformation. Cyient's role encompasses comprehensive owner's engineering and detailed plant engineering services. The company will leverage its deep expertise in renewable energy, including green hydrogen, to optimize project delivery and efficiency throughout the lifecycle of the project. Espen Lied, COO, GreenH, said, 'We are excited to collaborate with Cyient to bring our hydrogen vision to life in Bod'. With Cyient's expertise, we'll complete the detailed engineering of our hydrogen plant and provide the basis for procurement, construction, and installation of our first facility for production and direct bunkering of green hydrogen.' Espen Berg, managing director at Cyient Norway, said, 'Green or clean hydrogen is a game-changer in the world's energy transition to sustainable fuels, and it is considered an efficient energy carrier. We are extremely proud and happy to have received our large order for the engineering delivery of the world's first-of-its-kind green hydrogen production for maritime transport.' Cyient is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, and networks and operations. The company's consolidated net profit fell 16.9% to Rs 122.30 in Q3 FY25 as against Rs 147.20 crore posted in Q3 FY24. However, net sales rose 5.8% YoY to Rs 1,926.40 crore in Q3 FY25.Powered by Capital Market - Live

The initiative is part of a joint venture between GreenH, a Norwegian company focused on green hydrogen infrastructure, and Luxcara, a Hamburg-based independent asset manager specializing in renewable energy projects across Europe. This landmark project marks a significant step toward achieving Norway's renewable energy ambitions, particularly in the maritime and heavy transport sectors. The facility will provide green hydrogen fuel under a long-term agreement with Torghatten Nord AS, supporting the Vestfjorden ferries'a flagship effort in Norway's maritime energy transformation. Cyient's role encompasses comprehensive owner's engineering and detailed plant engineering services. The company will leverage its deep expertise in renewable energy, including green hydrogen, to optimize project delivery and efficiency throughout the lifecycle of the project. Espen Lied, COO, GreenH, said, 'We are excited to collaborate with Cyient to bring our hydrogen vision to life in Bod'. With Cyient's expertise, we'll complete the detailed engineering of our hydrogen plant and provide the basis for procurement, construction, and installation of our first facility for production and direct bunkering of green hydrogen.' Espen Berg, Managing Director, Cyient Norway, said, 'Green or clean hydrogen is a game-changer in the world's energy transition to sustainable fuels, and it is considered an efficient energy carrier. We are extremely proud and happy to have received our large order for the engineering delivery of the world's first-of-its-kind green hydrogen production for maritime transport.' Cyient is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, and networks and operations. The company's consolidated net profit fell 16.9% to Rs 122.30 in Q3 FY25 as against Rs 147.20 crore posted in Q3 FY24. However, net sales rose 5.8% YoY to Rs 1,926.40 crore in Q3 FY25. Shares of Cyient shed 0.26% to settle at Rs 1,144.95 on 11 April 2025. The Indian stock market is closed today, 14 April 2025, on account of Ambedkar Jayanti.Powered by Capital Market - Live

Cyient has been awarded a strategic contract to support Green H Bod' in the development and execution of its hydrogen production and distribution facility at Langstranda in Bod', Norway. The project is part of a joint venture between GreenH and Luxcara. GreenH is a Norwegian company that develops infrastructure for the production and distribution of green hydrogen from renewable energy. Luxcara is an independent asset manager based in Hamburg, Germany, focused on fostering renewable energy projects in Europe. The Bod' project represents a major step in advancing Norway's renewable energy ambitions, focusing on delivering green hydrogen to the maritime sector and heavy transport industries. The hydrogen facility will supply green hydrogen fuel under a long-term agreement with Torghatten Nord AS, fuelling the Vestfjorden ferries - a cornerstone project in Norway's green energy transformation for the maritime sector. As civil construction began in the fall of 2024, this partnership marks a significant milestone in delivering an innovative and sustainable energy solution. Cyient's scope of work includes providing comprehensive owner's engineering and detailed plant engineering services. Cyient will leverage its extensive experience in green and renewable energy engineering including green hydrogen towards optimizing project delivery and enhancing efficiency through the lifecycle of this momentous project. Powered by Capital Market - Live

Cyient announced the launch of its fully owned semiconductor subsidiary, Cyient Semiconductors. This strategic move strengthens the company's commitment to innovation and excellence across the global semiconductor landscape. By carrying forward Cyient's expertise in semiconductor design, Cyient Semiconductors will focus on scaling Application-Specific Integrated Circuit (ASIC) turnkey solutions for customers. For more than 25+ years, Cyient has been delivering comprehensive ASIC turnkey solutions and semiconductor design services across industrial, data center applications, automotive, and medical. Driven by strategic organic and inorganic growth, Cyient Semiconductors has built high-performance teams across India, the U.S., Germany, Belgium, the Netherlands, and Taiwan. 'Our vision is to align Cyient's semiconductor capabilities with the national agenda set by the Ministry of Electronics and Information Technology, aiming to build a robust semiconductor ecosystem in India. With the growing demand for high-performance semiconductor solutions, Cyient Semiconductors will play a crucial role in providing end-to-end ASIC turnkey and IC design services, supporting India's journey toward self reliance in the semiconductor ecosystem,' said Krishna Bodanapu, Executive Vice Chairman & Managing Director, Cyient. 'I am also happy to share that we have appointed Suman Narayan as the CEO of Cyient Semiconductors. Suman is an accomplished professional in the semiconductor space with a proven track record of managing large organizations, scaling semiconductor businesses, and driving digital transformation. His expertise in semiconductor products and ASIC development will be instrumental in shaping the future of Cyient Semiconductors,' he added. Powered by Capital Market - Live

Cyient will hold a meeting of the Board of Directors of the Company on 24 April 2025.Powered by Capital Market - Live

Shriram Finance Ltd, Godrej Consumer Products Ltd, Siemens Ltd, Tata Steel Ltd are among the other stocks to see a surge in volumes on BSE today, 07 April 2025.Cyient Ltd clocked volume of 5.1 lakh shares by 10:47 IST on BSE, a 20.83 times surge over two-week average daily volume of 24497 shares. The stock lost 5.28% to Rs.1,098.80. Volumes stood at 39660 shares in the last session.Shriram Finance Ltd witnessed volume of 10.79 lakh shares by 10:47 IST on BSE, a 11.67 times surge over two-week average daily volume of 92469 shares. The stock dropped 7.75% to Rs.602.80. Volumes stood at 1.1 lakh shares in the last session.Godrej Consumer Products Ltd recorded volume of 1.17 lakh shares by 10:47 IST on BSE, a 6.8 times surge over two-week average daily volume of 17167 shares. The stock lost 0.28% to Rs.1,153.95. Volumes stood at 6361 shares in the last session.Siemens Ltd notched up volume of 1.8 lakh shares by 10:47 IST on BSE, a 5.74 fold spurt over two-week average daily volume of 31289 shares. The stock slipped 38.76% to Rs.3,025.00. Volumes stood at 23576 shares in the last session.Tata Steel Ltd registered volume of 52.5 lakh shares by 10:47 IST on BSE, a 5.43 fold spurt over two-week average daily volume of 9.66 lakh shares. The stock slipped 9.68% to Rs.126.85. Volumes stood at 30.87 lakh shares in the last session.Powered by Capital Market - Live

Cyient announced the appointment of K. A. Prabhakaran as Senior Vice President and Chief Technology Officer of its DET business. Prabhakaran is an accomplished professional in the engineering & research and development sector with over 30 years of experience. He joins Cyient from Honeywell, where he was the Vice President and Chief Technology Officer for the Process Solutions group. He was responsible for driving technology innovation and customer-centric solutions for customers worldwide. He was last based in Houston, TX, and will now be based in Bengaluru, India. As Senior Vice President and Chief Technology Officer, Prabhakaran will drive Cyient's technological vision, developing cutting-edge, market-ready solutions that enhance competitiveness and relevance. He will play a pivotal role in expanding the company's technology footprint by fostering innovation, building future-ready competencies, and seeding new capabilities across the organization. Powered by Capital Market - Live

Cyient and American Data Solutions (ADS), a leading provider of digital content management solutions, have announced a strategic partnership aimed at transforming the way businesses manage, access, and utilize digital content. This collaboration combines Cyient's deep engineering expertise and global reach with ADS' cutting-edge content management technologies. ADS' advanced content management portfolio includes scalable architecture, a multi-purpose digital data viewer, and robust security features. The partnership will redefine content creation, storage, retrieval, and distribution, enabling businesses to operate with greater efficiency and intelligence.Powered by Capital Market - Live

The partnership aimed at transforming the way businesses manage, access, and utilize digital content. This collaboration combines Cyient's deep engineering expertise and global reach with ADS' cutting-edge content management technologies. The partnership will redefine content creation, storage, retrieval, and distribution, enabling businesses to operate with greater efficiency and intelligence. Sukamal Banerjee, executive director and chief executive officer of Cyient, said, 'At Cyient, we are committed to leveraging cutting-edge technology to drive digital transformation for businesses worldwide. Our partnership with ADS brings together Cyient's engineering excellence and ADS' advanced digital solutions to deliver next-generation, scalable, and intelligent content management systems.' 'By harnessing AI, ML, and cloud computing, we will create adaptive solutions that evolve with business needs, enhancing efficiency and decision-making. We are excited to accelerate the adoption of ADS' innovative solutions, ensuring businesses across industries benefit from seamless, future-ready content management. This client-centric approach will empower organizations to streamline operations, improve content accessibility, and drive meaningful impact, he added. Ran Meriaz, Chief Executive Officer, ADS, said, 'This collaboration with Cyient is a significant milestone in our journey to reshape the content management landscape.' 'Cyient's global reach and engineering expertise perfectly complement our innovative digital solutions. Together, we are poised to provide businesses with scalable, intelligent, and future-ready content management systems that will not only improve operational efficiency but also set new industry benchmarks,' she added. Cyient is a consulting-led, industry-centric, global technology solutions company. It currently operates through eight strategic business units: aerospace transportation; industrial, energy, and natural resources; semiconductor, internet of things, and analytics; medical and healthcare; utilities communications; and design-led manufacturing (Cyient DLM). The company's consolidated net profit fell 31.71% to Rs 122.30 in Q3 FY25 as against Rs 179.10 crore posted in Q2 FY25. However, revenue from operations rose 4.18% QoQ to Rs 1,926.40 crore in Q3 FY25. The scrip shed 0.16% to Rs 1,228.10 on the BSE.Powered by Capital Market - Live

Cyient has allotted 12,173 equity shares to associates of the Company upon exercise of stock options under ASOP 2015 & ARSUS 2020.Powered by Capital Market - Live