Cummins India net profit at Rs 118 crore
Leading engine manufacturer of the country, Cummins India has announced its fourth quarter financial results for the fiscal year 2009-10 and it has managed to post a marginal rise in net profit figure.
The company has posted a consolidated net profit of Rs 118.31 crore for the quarter that ended in 31st March, 2010.
The consolidated net profit was reported to be Rs 118.17 crore for the same quarter in the financial year 2008-09. This net profit figure has grown up by 70.81% in this quarter as compared to the same quarter in the last fiscal. This has been informed by the Cummins India Ltd. in a filing at the Bombay Stock Exchange.
So far as the annual total income of the firm is concerned, it has declined to Rs 2,899.03 crore during the January-March period of fiscal year 2009-10. It was Rs 3,304.28 crore for the same quarter last year.
The annual net profit of the company was reported to be Rs 443.87 crore for the year under review from Rs 433.66 crore last year with a marginal hike.