Cummins India slips after muted Q1 outcome
Mumbai, Aug. 6 -- On a consolidated basis, the company's profit after tax increased 0.9% YoY but declined 6.2% QoQ to Rs 609.30 crore in Q1 FY27.
Net sales rose 17.9% YoY and 13.8% QoQ to Rs 3,426.01 crore in the quarter ended 30 June 2026. Total income increased 17.2% YoY and 12.9% QoQ to Rs 3,563.35 crore.
Profit before tax stood at Rs 786.84 crore in Q1 FY27, up 0.3% YoY but down 7.6% QoQ.
On the cost front, total expenditure increased 22.8% YoY and 18.3% QoQ to Rs 2,862.44 crore. Raw material consumption rose 17.9% YoY to Rs 2,094.41 crore, while employee expenses increased 16.9% YoY to Rs 233.12 crore. Interest costs rose 47.2% YoY to Rs 3.90 crore, while depreciation increased 9.7% YoY to Rs 52.59 crore.
On a standalone basis, t...
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