Summary

Cummins India Limited reported stable Q3 sales with a marginal decline of 1% year-on-year. The total sales for the quarter were $3,006 Cr. Domestic sales were $2,535 Cr, down by 2% compared to the same quarter last year. Export sales were $471 Cr, up by 2% compared to the same quarter last year. Profit Before Tax (before exceptional items) increased by 7% year-on-year to $719 Cr. The Consumer Price Index (CPI) remains stable compared to the last quarter, indicating rapid momentum. The company remains watchful of policy developments and sees continued collaboration with trade partners as a key enabler of growth across its end markets.

Key Highlights

1. 1

   Total Sales for the quarter were $3,006 Cr, broadly stable year-on-year with a marginal decline of 1% and lower by 4 % quarter-on-quarter.

2. 2

   Domestic sales at $2,535 Cr marginally softened by 2% compared to the same quarter last year and trending lower by 2% over the previous quarter.

3. 3

   Export Sales at $471 Cr are higher by 2% compared to the same quarter last year and lower by 14% compared to the previous quarter.

4. 4

   Profit Before Tax (before exceptional items) increased 7% year-on-year to $719 Cr, while moderating by 14% sequentially.

5. 5

   Profit after tax was $453 Cr and net profit margin stood at 15%.

6. 6

   Consumer Price Index (CPI) remains stable compared to the last quarter, indicating rapid momentum.

7. 7

   Domestic demand continues to demonstrate resilience, supported by sustained capital expenditure across key sectors.

8. 8

   Company remains watchful of policy developments and sees continued collaboration with trade partners as a key enabler of growth across its end markets.