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

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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.
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First Published: Jun 18 2020 | 10:03 AM IST