Net sales of the Company for the quarter ended March 31, 2015 at Rs. 1,114 crores, represented an increase of 17 percent as compared to the same period last year, and 5 percent over the preceding quarter. Net profit before tax at Rs. 222 crores represented a 19 percent rise as compared to the same period last year, and a 7 percent rise as compared to the preceding quarter.
For the year ended March 31, 2015, net sales of the Company were Rs. 4,321 crores, an increase of 11 percent over the last year. Net profit before tax (excluding exceptional items and sale of investments) was Rs.855 crores, representing a 5% increase over the previous year.
Our earnings this quarter improved over the previous year as a result of continued strengthening of our exports. Our strong focus on improving efficiencies and reducing costs contributed positively to our profitability. Our balance sheet remains strong and we remain
committed to serving our customers well and delivering on our Brand Promise of
Dependability."
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.
About Cummins Group in IndiaCummins 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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