financetom
Business
financetom
/
Business
/
Cummins India's quarterly profit rises on lower expenses
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cummins India's quarterly profit rises on lower expenses
Mar 11, 2026 2:57 AM

Feb 4 (Reuters) - Engine maker Cummins India

reported a nearly 6% rise in adjusted quarterly profit on

Wednesday, helped by lower expenses despite a drop in revenue

from a year ago.

The ‌company, a unit of U.S.-based truck engine maker Cummins

Inc ( CMI ), posted ​consolidated profit before tax and

exceptional items of 6.95 ‍billion rupees ($76.89 million), up

from 6.57 billion ⁠rupees a ⁠year ago.

Profit after tax fell nearly 13% to 4.86 billion rupees, ‌due

to a one-time charge ​of 1.27 billion rupees related to India's

new labour codes.

Cummins' Indian unit is a ⁠key supplier of power ‍generation

equipment ​to industrial clients and also produces engines for

trucks and ships, as well as propulsion systems for ‍trains.

India's industrial output picked up towards the end of the

quarter along with manufacturing activity. After a 0.5% rise in

October, output jumped 7.2% in November and 7.8% in December.

Analysts had said ​they ‍expect modest sales growth for

Cummins in the quarter due to a high base in ​the year-ago

period, noting a slowdown in orders for power generating

equipment from data centres due to "front-ending" of deliveries

in the second quarter.

Cummins' income from operations fell 1.5% to 30.06

billion rupees. Expenses dropped nearly 3% for the quarter, to

24.75 ​billion rupees.

Shares of the company closed 0.88% higher ahead of the

results.

($1 = 90.3920 Indian rupees)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved