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Cummins India reports 66% rise in Q3 consolidated net profit

09 Feb 2023 Evaluate

Cummins India has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported rise of 49.45% in its net profit at Rs 360.14 crore for Q3FY23 as compared to Rs 240.97 crore for the corresponding quarter previous year. Total income of the company increased by 25.40% to Rs 2,284.30 crore for the quarter under review as compared to Rs 1,821.55 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 65.79% in its net profit at Rs 413.80 crore for Q3FY23 as compared to Rs 249.60 crore for the same quarter in the previous year. Total income of the company increased by 25.78% to Rs 2,269.89 crore for the quarter under review as compared to Rs 1,804.69 crore for the same quarter in the previous year.

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