Cummins India Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Cummins India Ltd reported a 22.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 21.5%.
- Its expenses for the quarter were up by 23.1% QoQ and 24.6% YoY.
- The net profit increased 24.3% QoQ and increased 11.9% YoY.
- The earnings per share (EPS) of Cummins India Ltd stood at 20.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3207.54 | 2613.91 | 2640.77 | 22.7% | 21.5% |
Total Expenses | 2550.88 | 2072.20 | 2047.61 | 23.1% | 24.6% |
Profit Before Tax | 656.66 | 541.71 | 591.46 | 21.2% | 11.0% |
Tax | 155.13 | 144.47 | 147.85 | 7.4% | 4.9% |
Profit After Tax | 558.46 | 449.37 | 498.91 | 24.3% | 11.9% |
Earnings Per Share | 20.10 | 16.20 | 18.00 | 24.1% | 11.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Cummins India Ltd is a leading manufacturer of engines and related technologies, serving a wide range of industries including automotive, construction, and power generation. The company is part of the multinational Cummins Inc., and it engages in the production of diesel and natural gas engines, power generation systems, and engine components. Cummins India is known for its commitment to innovation and sustainability, making significant contributions to reducing emissions and enhancing engine efficiency. Recent developments in the company have focused on expanding its product portfolio and enhancing its manufacturing capabilities to meet increasing demand.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Cummins India Ltd reported a total income of ₹3207.54 crores, marking a substantial increase of 22.7% compared to the previous quarter (Q2FY25), where the total income was ₹2613.91 crores. On a year-over-year basis, the total income grew by 21.5% from ₹2640.77 crores in Q3FY24. This significant growth in revenue highlights the company's robust performance in the market and its ability to capitalize on demand across its product lines.
Profitability
Cummins India Ltd's profitability metrics indicate a positive trajectory for Q3FY25. Profit before tax (PBT) for the period was ₹656.66 crores, reflecting a quarter-over-quarter increase of 21.2% from ₹541.71 crores in Q2FY25, and an 11.0% year-over-year increase from ₹591.46 crores in Q3FY24. The company's profit after tax (PAT) stood at ₹558.46 crores in Q3FY25, up by 24.3% from ₹449.37 crores in Q2FY25 and an 11.9% rise from ₹498.91 crores in the same quarter the previous year. Earnings per share (EPS) also saw a significant rise to ₹20.10, increasing by 24.1% quarter-over-quarter and 11.7% year-over-year, evidencing the company's strong profit growth.
Operating Metrics
The total expenses for Cummins India Ltd in Q3FY25 were reported at ₹2550.88 crores, which is an increase of 23.1% from ₹2072.20 crores in Q2FY25 and a 24.6% rise from ₹2047.61 crores in Q3FY24. The tax expense for the quarter was ₹155.13 crores, showing a modest quarter-over-quarter increase of 7.4% from ₹144.47 crores in the previous quarter and a 4.9% year-over-year increase from ₹147.85 crores in Q3FY24. These operating metrics reflect the company’s ability to manage its cost structure effectively while supporting its revenue growth.
