Cummins India reports 8% fall in Q1 net profit

Cummins India Ltd. | Diesel Engines | Automobiles | BSE: 500480 | NSE: CUMMINSIND

01 Aug 2013 Evaluate

Cummins India has reported results for first quarter ended June 30, 2013.

The company has reported a fall of 7.95% in its net profit at Rs 166.19 crore for the quarter, as compared to Rs 180.55 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 17.29% to Rs 1049.33 crore for the quarter under review as compared to Rs 1268.76 crore for the quarter ended June 30, 2012.

Cummins India is leading manufacturer of diesel and a subsidiary of Cummins Inc USA, the world’s largest independent diesel engine designer and manufacturer of engines above 200 HP.

Peers

Company Name	CMP
Cummins India	5020.00
Kirloskar Oil Engine	2118.80
Greaves Cotton	191.90
Swaraj Engines	3554.35
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