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Cummins India reports 28% rise in Q1 net profit

01 Aug 2014 Evaluate

Cummins India has reported results for first quarter ended June 30, 2014.

The company has reported a rise of 27.56% in its net profit at Rs 211.99 crore as compared to Rs 166.19 crore for the quarter ended June 30, 2013. Its total income has increased by 3.20% to Rs 1151.85 crore for the quarter under review from Rs 1116.12 crore for the corresponding quarter of the previous year.

Cummins India is leading manufacturer of diesel and a subsidiary of Cummins Inc USA, the world’s largest independent diesel engine designer and manufacturer of engines above 200 HP.

Peers
Company Name CMP
Cummins India 4870.05
Kirloskar Oil Engine 2230.20
Greaves Cotton 211.85
Swaraj Engines 3549.75
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