Fri Jan 24 12:50:58 UTC 2025: ## Cyient’s Q4 Outlook Disappoints, CEO Exits; Crypto Market Update Included
**Mumbai, India** – Cyient, a technology solutions company, reported disappointing Q4 projections, primarily due to underperformance in its Sustainability vertical. While Q3 results met expectations, the Q4 outlook shows a significant slowdown, marking the fourth consecutive quarterly decline in this segment. Project delays and a lack of immediate replacements are contributing to the volatility. The company’s CEO also unexpectedly resigned, adding to investor concerns. Prabhudas Lilladher’s research report forecasts a 3.1% and 6.5% EPS reduction for FY26E and FY27E, respectively, for the DET business. While the rest of Cyient’s portfolio remains stable, the Sustainability vertical’s challenges are expected to persist for several quarters. Krishna Bodanapu will serve as interim CEO.
Elsewhere, Moneycontrol also provided updates on the crypto market, highlighting top gainers and losers. Additionally, information was shared on the Traders Gurukul’s “Bots” options trading summit, held on the 2nd or 3rd Sunday of each month across major Indian cities. This event aims to provide retail traders with valuable insights and networking opportunities.
First Piper 