Cummins India Limited’s Board of Directors approved unaudited financial results for the quarter ended June 30, 2023, at a meeting in Pune. Ashwath Ram, Managing Director, Cummins India Limited, stated, “The global economic outlook continues to be mixed, given the inflation containment measures impacting demand”.
Performance Highlights for the quarter ended June 30, 2023: Profit after tax at 316 Cr. is higher by 59% compared to the same quarter last year and lower by 1% compared to the previous quarter. Total Sales for the quarter at 2,175 Cr. increased by 31% compared to the same quarter last year and increased by 15% compared to the previous quarter.
Domestic sales at 1,677 Cr. increased by 43% compared to the same quarter last year and increased by 20% compared to the previous quarter. Exports Sales at 498 Cr. increased by 3% compared to the same quarter last year and increased by 1% compared to the previous quarter. Profit before tax reached 415 Cr. is higher by 57% compared to the same quarter last year and is almost flat compared to the previous quarter.
