These 10 mid-sized IT companies in India are growing very fast

These IT companies have been pacing ahead consistently, clocking strong returns in FY2015,  even as the overall market scenario remained  quite volatile. And with the right investment strategies and business models, they look poised for an impressive growth run in the near future. 

6. Cyient

FY15 proved to be a rewarding year for Cyient (formerly Infotech Enterprise), a provider of engineering, data analytics, network, and operations solutions, as it continued its growth momentum and delivered strong performance with revenue growing 24% and net profit increasing by 33% on a YoY basis.

Backed by strong growth across industry segments and geographies, Cyient demonstrated improvement in all financial metrics.

During the course of the year, Cyient completed three acquisitions, including Softential, Invati Insights, and Rangsons Electronics.

Acquisition of 74% stake in Rangsons Electronics, and its wholly owned subsidiary Techno Tools Precision Engineering was in line with the company’s strategy of addressing the entire product lifecycle needs of its customers.

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