May 28, 2025
Cummins India Ltd.'s standalone net profit declined 7% in the March quarter of the financial year, even as it managed to beat analysts' estimates. The engine maker reported a profit of Rs 521 crore in the fourth quarter, compared to Rs 561 crore in the year-ago period, according to an exchange filing on Wednesday. The bottom line was much higher than the Rs 476 crore projected by analysts polled by Bloomberg. Revenue was up 6.1% to Rs 2,457 crore compared to Rs 2,316 crore. Ebitda was down 4.4% to Rs 520 crore. The net profit decreased by 7% to Rs 521 crore. Domestic sales were up by 1% year-on-year but down by 25% compared to the previous quarter. Export sales increased by 39% compared to the same quarter last year and by 3% compared to the previous quarter. The company expressed caution about the global economic situation and the impact of tax and trade policies. The board proposed a final dividend of Rs 33.5 per share for FY25 in addition to the interim dividend of Rs 18. Shares of Cummins India closed 0.12% higher at Rs 2,977.35 apiece on the BSE after the results were released post-market hours.
Tags: Cummins india, Q4 results, Earnings, Profit,
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тут on May 29, 2025