Cyient CEO: Cyient CEO Karthikeyan Natarajan quits after poor Q3 profit

Cyient’s chief executive officer and executive director Karthikeyan Natarajan resigned as the engineering and IT services company reported a sharp drop in quarterly net profit, causing its shares to plummet more than 20% on Friday.In his resignation letter, Natarajan said he quit to explore new challenges and opportunities that align with his personal and professional goals.

After more than 21 years at Tech Mahindra, Karthikeyan joined Cyient as the chief operating officer in March 2020, presiding over some key changes in the company as it…