Latest news with #ShvetaArya
Business Standard
6 days ago
- Business
- Business Standard
Cummins India records 7% YoY drop in Q4 PAT; crosses Rs 10,000 crore annual revenue mark
Cummins India has reported 7% fall in standalone net profit to Rs 521 crore on a 6% rise in total sales to Rs 2,414 crore in Q4 FY25 as compared with Q4 FY24. Domestic sales added up to Rs 1,935 crore (up 1% YoY) and export sales aggregated to Rs 479 crore (up 39% YoY) for the period under review. Total operating expenditure for Q4 FY25 was Rs 1,937.22 crore, up 9.3% YoY. PBIDT decreased by 2.3% to Rs 731.58 crore in the fourth quarter from Rs 748.74 crore recorded in the same period last year. PBIDT margin was 30.3% in Q4 FY25 as against 33.01% in Q4 FY24. Profit before tax in Q4 FY25 stood at Rs 681 crore, which is lower by 3% compared to the same quarter last year. For FY25, Cummins India has registered a standalone net profit of Rs 1,906 crore (up 15% YoY) and total sales of Rs 10,166 crore (up 15% YoY). Shveta Arya, managing director, Cummins India, said: "I am delighted to announce that Cummins India Limited crossed a milestone of ₹10,000 Cr. annual revenue while maintaining its profit margins. We have also witnessed partial recovery in export demand, driven by our sustained efforts in collaborating with trade partners to stimulate growth across key end markets. We are hopeful that this positive trend will continue. While the geopolitical tensions have eased partially, the impact of global tax and trade policies on economic situation is still undetermined in the near to mid-term future. We believe that despite this uncertainty, India is on the path to sustained economic growth considering strong domestic demand and stable export demand." Cummins India is one of the leading power solutions providers in the country. The company is involved in the power generation, aftermarket, and export businesses. The scrip jumped 5.79% to currently trade at Rs 3149.70 on the BSE.
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Business Standard
6 days ago
- Business
- Business Standard
Cummins India rises 7% after posting Q4 results; Why is stock in demand?
Cummins India share price rose 7.3 per cent in trade on Thursday, May 27, 2025, logging an intraday high at ₹3,195 per share on BSE. The stock was in demand after the company released its Q4FY25 results. At 1:19 PM, Cummins India shares were up 6.78 per cent at ₹3,179.2 per share on the BSE. In comparison, the BSE Sensex was down 0.02 per cent at 81,327.41. The market capitalisation of the company stood at ₹88,127.42 crore. The 52-week high of the stock was at ₹4,169.5 per share and the 52-week low of the stock was at ₹2,594.75 per share. Cummins India Q4 result 2025 The diesel and natural gas engines manufacturer reported its Q4 results on Wednesday, after market hours. In the quarter ended March 31, 2025, the company posted a consolidated net profit of ₹529.5 crore as against ₹538.86 crore a year ago, down 2 per cent. Its revenue from operations stood at ₹2,470.38 crore as compared to ₹2,319.02 crore a year ago, up 6.5 per cent. According to Shveta Arya, managing director, Cummins India, the company crossed a milestone of ₹10,000 crore annual revenue while maintaining its profit margins. Also Read She added: While the geopolitical tensions have eased partially, the impact of global tax and trade policies on economic situation is still undetermined in the near to mid-term future. The company's focus will remain on executing a disciplined and profitable growth strategy. With access to the latest technology, a reputable brand, a wide range of superior products, and top-notch manufacturing capabilities, the company is well-positioned for sustainable growth. The company's financial strength and liquidity enable it to strategically navigate opportunities and promote long-term growth. About Cummins India Cummins India Limited is a power solutions provider in the country. The company is involved in the power generation, aftermarket, and export businesses. The company has a strong manufacturing backbone and has five state-of-the-art manufacturing plants, assembly, and distribution facilities. With over 480 customer touchpoints, the company is committed to powering the success of its customers and ensuring that its services and solutions are readily accessible.
Time of India
6 days ago
- Business
- Time of India
Cummins India reports 15% increase in revenue to ₹10,166 crore for 2025
Cummins India Limited (CIL) announced its financial results for the quarter and year ended March 31, 2025, showcasing a year of strong growth and a quarter with mixed performance amid global uncertainties. The Board of Directors reviewed and approved these results, highlighting a milestone year with over ₹10,000 crore in annual revenue. The company experienced significant growth in domestic sales and a partial recovery in export demand, while navigating geopolitical tensions and fluctuating economic indicators. CIL remains cautiously optimistic about future growth, leveraging its diversified product portfolio and strong financial position. For the year ended March 31, 2025, Cummins India Limited reported total sales of ₹10,166 crore, marking a 15per cent increase compared to the previous year. Domestic sales led the growth, reaching ₹8,395 crore, an 18per cent rise from the last year. Export sales also contributed positively, with ₹1,771 crore, a 6per cent increase. The company's profit before tax stood at ₹2,496 crore, 16per cent higher than the previous year, and profit after tax reached ₹1,906 crore, a 15per cent increase. Q4 FY25 results The quarter ended March 31, 2025, presented a mixed picture. Total sales for the quarter were ₹2,414 crore, 6per cent higher than the same quarter last year but 21per cent lower than the previous quarter. Domestic sales reached ₹1,935 crore, 1per cent higher than the same quarter last year but 25per cent lower than the previous quarter. Export sales showed a strong performance, with ₹479 crore, 39per cent higher than the same quarter last year and 3per cent higher than the previous quarter. Profit before tax for the quarter was ₹681 crore, 3per cent lower than the same quarter last year but 2per ecnt higher than the previous quarter. Profit after tax stood at ₹521 crore, 7per cent lower than the same quarter last year but 1per cent higher than the previous quarter. Shveta Arya, Managing Director of Cummins India, said "I am delighted to announce that Cummins India Limited crossed a milestone of ₹10,000 crore. annual revenue while maintaining its profit margins. We have also witnessed partial recovery in export demand, driven by our sustained efforts in collaborating with trade partners to stimulate growth across key end markets. We are hopeful that this positive trend will continue." Future outlook Looking ahead, Cummins India Limited remains cautiously optimistic about its prospects in both domestic and international markets. The company's diversified portfolio of emission norms-compliant products positions it well to capitalize on emerging opportunities. CIL is closely monitoring Indian and global policy developments to navigate potential challenges effectively. The company's strategic focus remains on disciplined and profitable growth.
