04 Apr, 10:59 - Indian

SENSEX 75544.76 (-0.98)

Nifty 50 22974.05 (-1.19)

Nifty Bank 51573.8 (-0.05)

Nifty IT 33669.65 (-3.13)

Nifty Midcap 100 51019.45 (-2.19)

Nifty Next 50 62110.9 (-1.57)

Nifty Pharma 20513.15 (-4.25)

Nifty Smallcap 100 15817.15 (-2.70)

04 Apr, 10:59 - Global

NIKKEI 225 33737.41 (-2.87)

HANG SENG 22849.81 (-1.52)

S&P 5419.75 (-0.46)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(04 Dec 2024, 12:59)

Cyient DLM inks pact with Arcedo Systems for setting up solar plant at Mysore facility

Cyient DLM said that it has has signed a memorandum of understanding (MoU) with Arcedo Systems to establish a 500 kWp rooftop solar power plant at Cyient DLM’s Mysore facility.


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.


More News
More Company News View Company Information

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +