Net profit of Cummins India rose 23.11% to Rs 329.09 crore in the quarter ended September 2023 as against Rs 267.31 crore during the previous quarter ended September 2022. Sales declined 1.83% to Rs 1893.63 crore in the quarter ended September 2023 as against Rs 1928.85 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1893.631928.85 -2 OPM %18.2815.03 - PBDT466.94386.70 21 PBT428.68351.06 22 NP329.09267.31 23 Powered by Capital Market - Live News

Cummins India will hold a meeting of the Board of Directors of the Company on 7 November 2023.Powered by Capital Market - Live News

Cummins India has received Letter on 09 October 2023 from the Assistant Development Commissioner, Pune cluster SEZ, conveying that the cut-off date for the Company`s Unit bearing Plot No. B-2operating as SEZ in MIDC Phaltan to exit from SEZ scheme has been finalised as 11 October 2023. With this, the aforesaid Unit shall continue to operate as Domestic Tariff Area (DTA) plant post completion of necessary formalities. Further, this exit from SEZ will not have any material impact on the operations of the Company.Powered by Capital Market - Live News

Cummins India announced the resignation of Steven Chapman (DIN: 00496000) as Chairman and Non Executive Non Independent Director of the company with effect from 30 September 2023. Powered by Capital Market - Live News

Net profit of Cummins India rose 78.53% to Rs 353.72 crore in the quarter ended June 2023 as against Rs 198.13 crore during the previous quarter ended June 2022. Sales rose 31.13% to Rs 2184.69 crore in the quarter ended June 2023 as against Rs 1666.11 crore during the previous quarter ended June 2022. ParticularsQuarter Ended�Jun. 2023Jun. 2022% Var. Sales2184.691666.11 31 OPM %15.6712.89 - PBDT489.16311.49 57 PBT452.91277.43 63 NP353.72198.13 79 Powered by Capital Market - Live News