Cummins India Q4 Results Surpass Expectations: Revenue Up 20%, Robust Demand

Cummins India Q4 Results Surpass Expectations: Revenue Up 20%, Robust Demand

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Shailendra Bhatnagar
  • Updated Jun 13, 2024 1:53 PM IST

Cummins India reported a 51% year-on-year rise in Adjusted profit after tax, reaching Rs 476 crore for the March quarter, driven by strong demand in both domestic and international markets. Revenue increased to Rs 2316 crore, up 20%, while EBITDA surged by 50.6% to Rs 484.3 crore. The EBITDA margin improved to 20.9%, compared to 16.7% on a year-on-year basis.On a quarterly basis, Cummins India reported an adjusted profit after tax of Rs 475.8 crore, up 2.9%. Revenue increased by 8.6% to Rs 2316.2 crore. EBITDA rose by 10% to Rs 484.3 crore. The EBITDA margin stood at 20.9%, compared to 21.2% in the previous quarter. Watch Ajay Patil, CFO of Cummins India, On Q4 results and the company's growth outlook

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