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Cummins India posts Rs 329 cr net
Highlights
Hyderabad: Cummins India Limited reported a net profit of Rs 329 crore for the second quarter ended on September 30, an increase of 30 per cent from...
Hyderabad: Cummins India Limited reported a net profit of Rs 329 crore for the second quarter ended on September 30, an increase of 30 per cent from the same quarter a year ago. Its profit before tax was at Rs426 crore, higher by 27 per cent compared to the same quarter last year and higher by 3 per cent compared to the preceding quarter.
Total sales for the quarter were at Rs1,871 crore, lower by 3 per cent compared to the same quarter last year and lower by 14 per cent compared to the previous quarter. Domestic sales fell by 2 per centas compared to the same quarter last year and stood at Rs1,364 crore.
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