Cummins India Q4 net up 16.57%
Cummins India Ltd on Thursday posted a 16.57 per cent increase in net profit after tax at Rs 54.09 crore for the quarter ended March 31, as compared to Rs 46.40 crore for the corresponding quarter in 2004-05.
By PTI |
MUMBAI: Cummins India Ltd on Thursday posted a 16.57 per cent increase in net profit after tax at Rs 54.09 crore for the quarter ended March 31, as compared to Rs 46.40 cr for the corresponding quarter in 2004-05.
Total income for the fourth quarter in 2005-06 grew 20.96 per cent to Rs 407.38 cr as compared to Rs 336.77 cr in the year-ago period, the company informed the Bombay Stock Exchange.
The board has recommended a final dividend of Rs 2 per share of Rs 2 each (100 per cent) for the year ended March 31, 2006. This is in addition to the interim dividend of 100 per cent declared on January 31.
For the year 2005-06 the net profit after tax was Rs 175.69 cr as against Rs 137.22 cr for the year 2004-05. The total income for the year 2005-06 stood at Rs 1539.97 cr as compared to Rs 1271.47 cr for 2004-05.
The group posted a consolidated net profit after tax of Rs 183.64 ce for the year ended March 31 as compared to Rs 1 33.42 crore for the year 2004-05.
Consolidated total income of the group for the year 2005-06 stood at Rs 1839.59 cr as against Rs 1538.28 crore in the year 2004-05.
The shares of the company, which manufactures and markets diesel, gas and dual-fuel engines, closed at Rs 163.35, down 4.53 per cent at the BSE.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
