Cummins India standalone net profit declines 16.04% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 18 2020 | 10:16 AM IST

Sales decline 21.47% to Rs 1032.21 crore

Net profit of Cummins India declined 16.04% to Rs 118.31 crore in the quarter ended March 2020 as against Rs 140.92 crore during the previous quarter ended March 2019. Sales declined 21.47% to Rs 1032.21 crore in the quarter ended March 2020 as against Rs 1314.40 crore during the previous quarter ended March 2019.

For the full year,net profit declined 12.90% to Rs 629.34 crore in the year ended March 2020 as against Rs 722.57 crore during the previous year ended March 2019. Sales declined 8.40% to Rs 5061.60 crore in the year ended March 2020 as against Rs 5525.71 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1032.211314.40 -21 5061.605525.71 -8 OPM %6.4613.07 -11.5815.64 - PBDT151.57236.50 -36 897.571140.67 -21 PBT120.82208.52 -42 778.911030.35 -24 NP118.31140.92 -16 629.34722.57 -13

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jun 18 2020 | 10:03 AM IST

Next Story