Home

Latest News

Featured

Market Live

Minis

Podcasts

Photos

Homeinfrastructure News

Cummins India Q4 results today: Key things to watch out for

infrastructure | May 22, 2019, 01:38 PM IST

Cummins India Q4 results today: Key things to watch out for

By Anisha Jain | May 22, 2019, 01:38 PM IST (Published)

Mini

Cummins India Ltd, a maker of engines and generators, will report its fourth-quarter earnings on Wednesday and analysts expect the company to report strong results this time.

Cummins India Ltd, a maker of engines and generators, will report its fourth-quarter earnings on Wednesday and analysts expect the company to report strong results this time.

The revenues are expected to be up 11 percent at Rs 1370 crore versus Rs 1230 crore for the same quarter last fiscal and margins are expected to be higher at 14.5 percent versus 13.8 percent YoY.

Profit after tax is expected to rise 9 percent to Rs 175 crore.

The domestic business will grow in double digits at 15-20 percent but exports are likely to decline. The management had said the export business for the year the growth would be 4-5 percent and in 9 months gone by they have already done 12 percent growth.

Tags

next story

Currency Commodities

Company	Price	Chng	%Chng