Cyient DLM, a prominent player in the Electronic Manufacturing Services (EMS) sector, reported a 27.7% decline in consolidated net profit for the March quarter of FY26, amounting to ₹22.44 crore, compared to ₹31 crore in the same quarter of the previous year. Revenue from operations also fell by 13.8% to ₹369.07 crore, down from ₹428.05 crore a year ago. However, on a quarter-on-quarter basis, the company saw a significant recovery with profit and revenue rising 99.8% and 21.7%, respectively. The order book at the end of March stood at ₹2,416.6 crore. For the entire fiscal year FY26, Cyient's profit increased by 7.6% to ₹73.28 crore, while revenue dropped by 17% to ₹1,261.48 crore. The company attributed the challenges to geopolitical tensions affecting the global supply chain but noted that defence spending is on the rise, contributing to 10% of its Q4 revenue. Looking ahead, Cyient aims to enhance operational efficiency and expand into the automotive and Indian defence sectors, while also exploring opportunities in the AI infrastructure market and focusing on vertical integration. Following the announcement of the financial results, Cyient's shares rose 3.52% to close at ₹357.70 on the Bombay Stock Exchange.