Cummins India Limited Announces Unaudited Q1 Results

The Board of Directors of Cummins India Limited announced the unaudited financial results for the quarter ended June 30, 2019. Net sales of the Company for the quarter at ₹ 1,316 Cr grew two per cent compared to ₹ 1,296 Cr recorded in the same quarter last year and is flat as compared to ₹ 1,314 Cr recorded in the preceding quarter.

Domestic sales in the current quarter at ₹ 990 Cr grew 16 per cent over the same quarter last year and essentially remain flat as compared to ₹992 Cr, recorded in the preceding quarter. Exports for the current quarter at ₹ 327 Cr declined 26 per cent over the same quarter last year and grew one per cent over the preceding quarter.

Profit before tax in the current quarter at ₹ 194 Cr is 23 per cent lower as compared to ₹ 254 Cr recorded in the same quarter last year, and seven per cent lower compared to ₹ 209 Cr recorded in the preceding quarter.