'Consolidated net sales (including other operating income) of Cummins India for the quarter ended Sep 2024 has increased 30.55% to Rs 2508.6 crore.
Operating profit margin has jumped from 18.02% to 19.29%, leading to 39.79% rise in operating profit to Rs 483.94 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 56.77% to 59.15%. Purchase of finished goods cost fell from 6.82% to 6.10%. Employee cost decreased from 10.14% to 7.64%. Other expenses fell from 8.60% to 8.52%. Other income rose 17.27% to Rs 105.31 crore. PBIDT rose 35.15% to Rs 589.25 crore. Provision for interest fell 62.17% to Rs 2.58 crore. PBDT rose 36.70% to Rs 586.67 crore. Provision for depreciation rose 17.51% to Rs 44.96 crore. Profit before tax grew 38.58% to Rs 541.71 crore.
Share of profit/loss was 38...
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