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Cummins India hosted a conference call on Feb 7, 2024. In the conference call the company was represented by Shveta Arya, Managing Director and  Prasad Kulkarni, Interim CFO.

Key takeaways of the call

Of the Q3FY25 standalone domestic sales of Rs 3041 crore (up 22%yoy), the domestic was up 18% to Rs 2577 crore and exports was up 43% to Rs 464 crore.

The PowerGen domestic sales were Rs 1271 crore(up 18%yoy, 42%qoq), Distribution were Rs 746 crore (up 13%yoy, 13%qoq), Industrial were Rs 511crore (up 24%yoy, 26%qoq).

Of exports revenue, the HHP sales were Rs 202 crore (up 47%yoy, up 1%qoq) and LHP is Rs 216 crore (up 47%yoy, up 9%qoq).

For the full year FY25, expect to achieve double-digit revenue growth over FY24. 

Of the domestic powergen PowerGen market believe that pricing will take at least another one or 2 quarters to settle in the market.  Now the market is completely b...

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