Cummins India reports 25% fall in Q4 net profit

23 May 2014 Evaluate

Cummins India has reported results for fourth quarter and year ended March 31, 2014.

The company has posted a fall of 24.79% in its net profit at Rs 141.79 crore for the quarter ended March 31, 2014 as compared to Rs 188.54 crore for the same quarter in the previous year.  Total income of the company has decreased by 18.88% at Rs 1003.07 crore for quarter under review as compared to Rs 1236.65 crore for the quarter ended March 31, 2013.

For the full year ended March 31, 2014, the company has reported a fall of 21.47% in its net profit after tax at Rs 600.02 crore as compared to Rs 764.11 crore for FY13. Total income decreased by 12.88% at Rs 4154.38 crore for year under review as compared to Rs 4769.10 crore for the year ended March 31, 2013.

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