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Cummins India Q3 net profit soars 66%

An interim share of Rs 5 per equity share of Rs 2 each for 2012-13

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Press Trust of India New Delhi

Engine maker Cummins India today reported 66.06% increase in its net profit for the quarter ended December 31, 2012, at Rs 234.08 crore.

The company had posted a net profit of Rs 140.96 crore in the corresponding period previous year, Cummins India said in a filing to the BSE.

The net income during the third quarter of the current fiscal also went up by 13.21% to Rs 1,089.46 crore from Rs 962.37 crore in the year-ago period, it added.

The company's Board of Directors also declared an interim dividend of Rs 5 per equity share of Rs 2 each for 2012-13.

 

Shares of Cummins India today closed trading 1.99% up at Rs 488.55 apiece on BSE.

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First Published: Jan 31 2013 | 5:03 PM IST

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