Cummins India disclosed a substantial rise in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company rose 34.31% to Rs 1,904.40 million from Rs 1,417.90 million in the same quarter previous year.
Revenues for the quarter rose 16.66% to Rs 11,335.10 million, compared with Rs 9,716 million for the prior year period.
Earnings per share for the quarter stood at Rs 6.87, registering 34.18% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 11,335.10 | 9,716.20 | 16.66 |
| Net Profit | 1,904.40 | 1,417.90 | 34.31 |
| Diluted EPS | 6.87 | 5.12 | 34.18 |
Shares of the company gained Rs 53.1, or 6.24%, to trade at Rs 903.40. The total volume of shares traded was 21,912 at the BSE (11.54 a.m., Friday).
