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Cummins India Ltd Q3FY24; 21% 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 Q3FY24 of ₹2,541.00 Crores up from ₹2,185.00 Crore year on year, a rise of 16.29%.

Total Expenses for Q3FY24 of ₹2,047.00 Crores up from ₹1,810.00 Crores year on year, a rise of 13.09%.

Consolidated Net Profit of ₹499.00 Crores up 20.53% from ₹414.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹18.00, up 20.56% from ₹14.93 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.

Tags: Fuel
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