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Cummins India reports 17% fall in Q1 consolidated net profit

07 Aug 2019 Evaluate

Cummins India has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 22.67% in its net profit at Rs 141.51 crore for the quarter under review as compared to Rs 183.00 crore for the same quarter in the previous year. However, total income of the company marginally increased by 1.60% at Rs 1,419.94 crore for Q1FY20 as compared Rs 1,397.52 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 17.15% in its net profit at Rs 152.56 crore for the quarter under review as compared to Rs 184.15 crore for the same quarter in the previous year. However, total income of the company increased marginally by 1.79% at Rs 1,414.76 crore for Q1FY20 as compared Rs 1,389.84 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Cummins India 4870.05
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