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Cummins India Ltd Q1FY24; 59% rise in Profits.

Cummins India Ltd is a part of the Cummins Inc. Group USA. It designs, manufactures, distributes and services diesel and alternative fuel engines from 2.8 to 95 liters, diesel and alternative-fueled power generator sets of up to 3000 kW (3750 kVA), as well as related components and technology.

Financial Results:

Cummins India Ltd reported Revenues for Q1FY24 of ₹2,209.00 Crores up from ₹1,687.00 Crore year on year, a rise of 30.94%.

Total Expenses for Q1FY24 of ₹1,912.00 Crores up from ₹1,509.00 Crores year on year, a rise of 26.71%.

Consolidated Net Profit of ₹316.00 Crores up 58.79% from ₹199.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.39, up 58.86% from ₹7.17 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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