PRESS RELEASE
Cummins India Limited Results for Q2 2011-12 Mumbai: November 10, 2011: The Board of Directors of Cummins India Limited, in their meeting held today, took on record the unaudited financial results for the quarter and half year ended September 30, 2011.
Net sales of the Company for the quarter ended September 30,
2011 at a record high of Rs.
1,070 crores, up from the previous high of Rs 1,068 crores
recorded in the same period last year, and for the half year
ended September 30, 2011 at Rs. 2,092 crores, an increase of
5.8% from Rs. 1,978 crores over the same period last
year.
Net profit before tax in the second quarter, however declined
by 20% to Rs. 182 crores compared to Rs. 228 crores in the
same period last year, and for the half year ended September
30, 2011, profit before tax excluding exceptional items
declined by 12% to Rs.374 crores as compared to Rs. 425
crores in the same period last year.
Cummins India Limited (CIL), headquartered in Pune since 1962, is the country's leading manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets.
About Cummins in India
Cummins in India, a power leader, is a group of complementary
business units that design, manufacture, distribute and
service engines and related technologies, including fuel
systems, controls, air handling, filtration, emission
solutions and electrical power generation systems. Its
technology and pioneering initiatives are bringing innovative
solutions and dependable services at the best possible value
to users across the country. Its high performance outlook is
based on customer focus, integrity and capability of its
people. Part of the US $13.2 billion Cummins Inc., Cummins in
India is a Group of eight legal entities with a combined
turnover of approximately Rs.
8,600 crores, and employing more than 11,000 individuals
across 200 locations in the country. Website: http://www.cumminsindia.com