Cummins India Limited — Investor Meet, 10-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Cummins India reported strong Q2 FY26 results with sales up 28% to INR 3,122 crore and Profit Before Tax (PBT) up 41%. Power generation grew 49%, significantly boosted by data center project execution, while industrial sales dipped due to monsoons and mining slowdown. Management anticipates double-digit revenue growth for FY26. While data center demand is promising but lumpy, exports might soften due to inventory correction. The company acknowledges high competitive intensity in power generation, focusing on technology and reliability. Management maintains a confident outlook on India's stable economic prospects.