Cummins India has reported results for the quarter and the year ended March 31, 2011.
The company’s net profit after tax for the fourth quarter has surged by 21.69% at Rs 143.97 crore as compared to Rs 118.31 crore for the corresponding quarter last year. Its total income has increased by 32.62% at Rs 1070.56 crore for the quarter under review from Rs 807.24 crore in the corresponding previous quarter.
The company has registered marginal growth of 33.14% in its net profit after tax for FY11 at Rs 590.99 crore as compared to Rs 443.87 crore for FY10. Its total income has increased by 38.98% at Rs 4122.87 crore for the year from Rs 2966.43 crore in previous year.
Cummins India has recommended final dividend of Rs 8 per share on equity shares of Rs 2 each fully paid up for the year ended March 31, 2011, in addition to the interim dividend of Rs 7 per share declared on February 03, 2011.