Cummins India Q3 net up 79% at Rs 133 cr

Image
Press Trust of India Mumbai
Last Updated : Jan 19 2013 | 11:08 PM IST

Designer and manufacturer of diesel engines Cummins India today reported a 78.71 per cent growth in net profit at Rs 133.34 crore in the third quarter ended December 31, 2008, as compared to Rs 74.61 crore in the December quarter of FY08.

Net sales rose to Rs 783.75 crore in the quarter under review from Rs 617.11 crore in the corresponding year ago period.

Besides, the company has also declared an interim dividend of 200 per cent at Rs four per share 19.8 crore equity shares of Rs 2 each for the financial year 2008-09.

Further, this is in addition to the special dividend of 120 per cent  declared in last month.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 27 2009 | 7:47 PM IST

Next Story