Cummins India Limited reported audited standalone and consolidated financial results for the fourth quarter and consolidated financial results for the full year ended March 31, 2018. For the quarter, the parent company reported total income of INR 12,996.0 million against INR 13,186.2 million a year ago. Profit before tax was INR 2,087.5 million against INR 1,953.9 million a year ago. Profit after tax and share of profits of joint ventures and associate was INR 1,612.2 million against INR 1,584.6 million a year ago. Earnings per share on basic and diluted basis were INR 5.82 against INR 5.72 a year ago.

For the year, the parent company reported total income of INR 53,895.3 million against INR 56,367.3 million a year ago. Profit before tax was INR 8,523.0 million against INR 9,082.4 million a year ago. Profit after tax and share of profits of joint ventures and associate was INR 7,084.7 million against INR 7,346.3 million a year ago. Earnings per share on basic and diluted basis were INR 25.56 against INR 26.50 a year ago.

For the year, the group reported total income of INR 53,517.6 million against INR 55,987.4 million a year ago. Profit before tax was INR 7,846.5 million against INR 8,430.1 million a year ago. Profit after tax and share of profits of joint ventures and associate was INR 7,118.2 million against INR 7,362.7 million a year ago. Earnings per share on basic and diluted basis were INR 25.88 against INR 26.56 a year ago.

For the year 2019, the company expected Capex to be in range of INR 3,500 million to INR 4,000 million. Guidance is a growth of 8 to 10%.