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Cummins India reports 5% fall in Q2 consolidated net profit

29 Oct 2020 Evaluate

Cummins India has reported results for the second quarter ended September 30, 2020.

The company has reported a fall of 20.59% in its net profit at Rs 145.55 crore for the quarter under review as compared to net profit of Rs 183.28 crore for the same quarter in the previous year. Total income of the company decreased by 13.05% at Rs 1218.16 crore for Q2FY21 as compared Rs 1400.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 5.34% in its net profit at Rs 173.16 crore for the quarter under review as compared to net profit of Rs 182.93 crore for the same quarter in the previous year. However, total income of the company decreased by 11.36% at Rs 1227.98 crore for Q2FY21 as compared Rs 1385.43 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Cummins India 4842.15
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