Categories AlphaGraphs, Earnings

Cummins India Ltd Q2FY24; 31% 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 Q2FY24 of ₹1,900.00 Crores down from ₹1,951.00 Crore year on year, a fall of 2.61%.

Total Expenses for Q2FY24 of ₹1,606.00 Crores down from ₹1,701.00 Crores year on year, a fall of 5.58%.

Consolidated Net Profit of ₹329.00 Crores up 30.56% from ₹252.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.85, up 30.22% from ₹9.10 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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