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Cummins India shares rose over 3% in early trade after the company announced strong fourth-quarter earnings along with a final dividend, boosting investor confidence. As of 11:40 AM, strong buying momentum lifted the stock by 5%, taking it to ?3,122.50 per share.
For the quarter March 2025, Cummins India reported its net profit on a standalone basis. The net profit during this quarter was ?521 crore. A comparison with the corresponding quarter in the last fiscal year (March 2024), when the company had posted a net profit of ?561.52 crore, reflects a decrease of 7% year-on-year.
Cummins India had revenues of ?2,414 crore for the quarter ending January-March 2025. It was a 6% rise from the ?2,316.15 crore reported for the same quarter of the previous year (January-March 2024). But while comparing sequentially, the overall sales were down by 21% from the numbers posted in the October-December 2024 quarter.
During the quarter, Cummins India reported domestic sales of ?1,935 crore, up 1% year-on-year but down 25% sequentially, while export sales stood at ?479 crore, marking a robust 39% year-on-year growth and a 3% increase from the previous quarter.
The Cummins India Board has resolved to reward its shareholders. They approved and recommended a Final Dividend of ?33.50 on each equity share. This is in addition to an interim dividend. An interim dividend of ?18/- per equity share was earlier declared on February 5, 2025.
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