Cummins India Limited — Investor Meet, 04-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Cummins India reported Q3FY26 sales of ₹3,006 Cr, stable YoY (-1%) and down 4% QoQ. Domestic sales were ₹2,535 Cr (-2% YoY), while exports reached ₹471 Cr (+2% YoY). Profit Before Tax rose 7% YoY to ₹719 Cr, with Profit After Tax at ₹453 Cr (15% net margin). Management noted steady execution of profitable growth amid supportive macro indicators. Domestic demand remains resilient, though exports face near-term geopolitical headwinds, with stability expected medium-to-long term. The company is focused on prudent capital allocation and shareholder value creation.