Cummins India disclosed a substantial rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 39.77% to Rs 2,024.00 million from Rs 1,448.10 million in the same quarter previous year.
Net sales for the quarter rose 22.66% to Rs 11,441.00 million, compared with Rs 9,327 million for the prior year period.
Earnings per share for the quarter stood at Rs 7.30, registering 39.85% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Sep - 14 | Sep - 13 | %Change |
Net Sales | 11,441.00 | 9,327.10 | 22.66 |
Net Profit | 2,024.00 | 1,448.10 | 39.77 |
Basic EPS | 7.30 | 5.22 | 39.85 |
Shares of the company gained Rs 4.35, or 0.6%, to settle at Rs 735.35. The total volume of shares traded was 21,911 at the BSE (Wednesday).