Cummins India Limited — Updates, 05-02-2025: Press Release

Cummins India Limited reported robust performance for the quarter ended December 31, 2024, with total sales reaching ₹3,041 Cr., reflecting a 22% increase year-on-year and a 24% increase quarter-on-quarter. Domestic sales contributed ₹2,577 Cr., up 18% from the previous year and 28% sequentially, while export sales were ₹464 Cr., marking a significant 43% year-on-year rise and a 5% increase from the last quarter. Profit before tax stood at ₹670 Cr., up 11% year-on-year and 13% from the previous quarter, with profit after tax at ₹514 Cr., higher by 13% and 14%, respectively.

Despite global economic uncertainties, the Indian economy shows recovery signals, supported by strong GST collections and positive indicators like IIP and PMI. Cummins India is positioned for continued growth, leveraging its compliant product portfolio and strong manufacturing capabilities. The company remains cautiously optimistic about near-term demand while viewing long-term prospects favorably, particularly in exports, thanks to its diverse product range and robust customer service network. Overall, a positive outlook is expected as Cummins navigates both domestic market recovery and global challenges.