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Cummins India reports 11% rise in Q3 net profit

02 Feb 2017 Evaluate

Cummins India has reported results for third quarter ended December 31, 2016. 

The company has reported 11.29% rise in its net profit at Rs 198.09 crore for the quarter under review as compared to Rs 177.99 crore for the same quarter in the previous year. Total income of the company increased by 16.27% at Rs 1499.39 crore for the quarter under review as compared Rs 1289.53 crore for the corresponding quarter previous year. 

Cummins India, the country’s leading manufacturer of diesel and natural gas engines is one of the eight legal entities of the Cummins Group in India. Comprising of four business units - Industrial Engine, Power Generation, Distribution, and Automotive, Cummins India is also the largest entity of the Cummins Group in India.

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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