Cummins India Projects Double-Digit Growth for FY26, Expresses Cautious Optimism
Cummins India, a leading manufacturer of engines and power generation equipment, has expressed cautious optimism about its future performance during a recent conference call. The company anticipates double-digit growth in fiscal year 2026 (FY26), suggesting strong confidence in its market expansion and financial performance. While specific details were not provided, potential growth factors could include market expansion, product innovation, infrastructure development, and overall industrial growth in India and export markets.
29May 25
Cummins India: Shares Surge 6% on Strong FY26 Outlook Despite Mixed Q4 Results
Cummins India's Q4 net profit decreased by 7.2% YoY to Rs 521.37 crore, while revenue increased 6.1% YoY to Rs 2,457.00 crore. For FY25, total sales grew 15% to Rs 10,166.00 crore. The company announced a final dividend of Rs 33.50 per share. Despite mixed Q4 results, shares rose 6% due to optimistic FY26 guidance, including expected double-digit revenue growth, stable margins, and strong export growth. The company anticipates continued growth in the data center segment and export demand.
Cummins India's Q4 standalone net profit decreased by 7% to ₹521.00 crore, while revenue increased by 6.1% to ₹2,457.00 crore. The company declared a final dividend of ₹33.50 per share, bringing the total dividend to ₹51.50 per share for the year. Despite the profit decline, the company's performance exceeded analyst expectations.
06May 25
Cummins India's Parent Company Suspends Full-Year Guidance Amid Market Uncertainties
Cummins Inc., parent company of Cummins India Limited (CIL), has suspended its full-year financial guidance. The company previously forecasted revenue growth between -2% and +3%. This decision may affect Cummins India's operations and market outlook. Investors are likely to closely monitor CIL's stock performance and future prospects in light of this development. The situation highlights the interconnected nature of global businesses and potential impacts of international market conditions on local subsidiaries.
06May 25
Cummins India Faces Headwinds as Parent Company Suspends Guidance
Cummins Inc., parent of Cummins India, has suspended its full-year guidance due to trade war uncertainties. The India region, including joint ventures, saw a 14% year-on-year revenue decline in Q1, with the PowerGen business dropping 11%. This suggests potential challenges for Cummins India, including reduced demand for power generation equipment, increased market uncertainty, and possible impacts on exports and supply chains due to global trade tensions.
05May 25
Cummins Withdraws 2025 Forecast Amid US Tariff Uncertainties
Cummins has withdrawn its 2025 financial forecast due to economic uncertainty driven by US import tariffs. The company reported Q1 2023 results with net income of $824 million, EPS of $5.96, and net sales of $8.17 billion. These figures show a decrease from the previous year's performance, with net sales falling below market estimates.