 "Q1 results: Net profit of 113 firms up 10.8%, sales growth at 10-qtr low")
Engines and related parts maker Cummins India Ltd on Wednesday reported a 65 per cent decline in consolidated profit after tax (PAT) at Rs 53.02 crore in the first quarter ended June 30, impacted by the coronavirus pandemic.
The company had posted a PAT of Rs 152.56 crore in the same period last fiscal, Cummins India Ltd said in a regulatory filing.
Consolidated sales from operations during the quarter under review stood at Rs 488.74 crore as compared with Rs 1,325.11 crore in the year-ago period, it added.
Domestic sales in the first quarter stood at Rs 358 crore, down 64 per cent
