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06-Feb-2025

Cummins India

Sales up 22%, net up 12%


'Consolidated net sales (including other operating income) of Cummins India for the quarter ended Dec 2024 has increased 21.83% to Rs 3096.15 crore.  


Operating profit margin has declined from 21.35% to 19.30%, leading to 10.15% rise in operating profit to Rs 597.57 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 51.16% to 56.31%.   Purchase of finished goods cost fell from 9.56% to 6.31%.   Employee cost decreased from 8.87% to 8.30%.   Other expenses rose from 8.01% to 8.38%.   

Other income rose 12.07% to Rs 111.39 crore.  PBIDT rose 10.45% to Rs 708.96 crore.  Provision for interest fell 53.18% to Rs 3.02 crore.  PBDT rose 11.09% to Rs 705.94 crore.  Provision for depreciation rose 16.53% to Rs 49.28 crore.  Profit before tax grew 10.71% to Rs 656.66 crore.  

Share of profit/loss was 2.95% higher at Rs 56....



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