Cummins India Reports Strong Q2 Results with 27% Revenue Growth and 38% Profit Surge
Cummins India Limited announced robust Q2 financial results, with consolidated revenue increasing by 27.3% to ₹3,832.22 crore and profit after tax rising by 38.5% to ₹622.33 crore year-over-year. The company's standalone revenue grew by 27.5% to ₹3,121.58 crore, while standalone profit after tax surged by 41.5% to ₹637.69 crore. Earnings per share improved to ₹23.00 from ₹16.26 in the previous year. The Board of Directors approved the Q2 results, a postal ballot notice for shareholder approval on related party transactions, and appointed a scrutinizer for the e-voting process.

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Cummins India Limited, a leading power solutions provider, has announced strong financial results for the second quarter, demonstrating significant growth in both revenue and profitability.
Financial Highlights
The company reported impressive performance metrics for Q2:
| Metric | Q2 Current Year | Q2 Previous Year | YoY Growth |
|---|---|---|---|
| Consolidated Revenue | ₹3,832.22 crore | ₹3,009.27 crore | 27.3% |
| Consolidated Profit After Tax | ₹622.33 crore | ₹449.37 crore | 38.5% |
| Standalone Revenue | ₹3,121.58 crore | ₹2,448.40 crore | 27.5% |
| Standalone Profit After Tax | ₹637.69 crore | ₹450.61 crore | 41.5% |
Key Financial Metrics
- Earnings Per Share (EPS): The company's EPS stood at ₹23.00 for the current quarter, up from ₹16.26 in the same period last year, marking a substantial increase of 41.5%.
- Operating Performance: Cummins India demonstrated strong operational efficiency, with the cost of materials consumed increasing proportionally less than the revenue growth, indicating improved margins.
Board Approvals and Corporate Actions
The Board of Directors has taken several key decisions:
- Financial Results Approval: The Board approved the unaudited financial results for Q2 and H1 of the current fiscal year.
- Postal Ballot Notice: Approval was granted for a postal ballot notice to seek shareholder approval for additional material related party transactions.
- Appointment of Scrutinizer: M/s. Mehta & Mehta, Company Secretaries, Pune, have been appointed as scrutinizers for the postal ballot e-voting process.
Market Position and Outlook
Cummins India's strong performance reflects its robust market position and effective business strategies. The significant increase in revenue and profitability suggests a growing demand for the company's power solutions and efficient operational management.
Investor Relations
The company continues to maintain transparency with its investors, as evidenced by the prompt disclosure of its financial results and corporate actions. The Board's decision to seek shareholder approval for material related party transactions through a postal ballot demonstrates a commitment to corporate governance and shareholder engagement.
Investors and stakeholders can access more detailed information about the company's performance and future outlook on its official website: www.cumminsindia.com .
Note: All financial figures are in accordance with Indian Accounting Standards (Ind AS) and have been subjected to limited review by the company's statutory auditors.
Historical Stock Returns for Cummins
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.67% | +3.36% | +4.52% | +50.51% | +28.67% | +674.36% |












































