Net sales of the Company for the quarter ended September 30, 2015 at Rs. 1,167 crores grew 4% as compared to Rs. 1,117 crores recorded in the same period last year, and declined 9% compared to Rs. 1,282 crores recorded in the preceding quarter. Net sales for the half year ended September 30, 2015 were Rs. 2,449 crores representing a 14% growth over Rs. 2,150 crores in the same period last year.
Net profit before tax in the second quarter at Rs. 241 crores was flat as compared to Rs. 241 crores recorded in the same period last year, and declined 7% compared to Rs. 257 crores recorded in the preceding quarter. Net profit before tax for the half year ended September 30, 2015 grew 17 percent to Rs. 498 crores as compared to Rs. 425 crores (excluding sale of investments of Rs. 83 crores) in the same period last year.
Cummins India Limited, headquartered in Pune since 1962, is the country's leading manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets.
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, 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 $19.2 billion Cummins Inc., Cummins in India is a Group of eight legal entities across 200 locations in the country with a combined turnover of Rs. 9,285 crores in 2014 and employing close to 9,700 individuals.
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