Cummins India Ltd. :Q4FY17 Results
By DSIJ Team |
5/19/2017 2:58 PM Friday
Cummins India Ltd. reported its results for the quarter ended March 31, 2017 on Thursday.
The company's total sales for Q4FY17 came in at Rs 1155.6 crore, which represents a 12.73 per cent sequential decline and 11.26 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 120.39 crore and its EBIT margin stood at 10.42 per cent.
The company reported PAT of Rs 158.46 crore, which represents a sequential QoQ decline of 20.01 per cent and a YoY decline of 5.12 per cent.
The company's board of directors has recommended a final dividend of Rs 9 per equity share on the face value of Rs 2 each.
Cummins India Limited is a manufacturing company that manufactures diesel engines. The company caters to the Power Generation, Industrial and Automotive Markets and also to the growing market for gas and dual fuel engines. The company provides diesel and gas engines, products, packages, services and solutions for up time of Cummins equipments.
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