Cummins India Q2 net profit soars 91%
Cummins India today reported a 91.35 per cent rise in its net profit for the quarter ended September 30, 2010, to Rs 167.89 crore.
By PTI |
NEW DELHI: Engine-maker Cummins India today reported a 91.35 per cent rise in its net profit for the quarter ended September 30, 2010, to Rs 167.89 crore.
The company had posted a net profit of Rs 87.74 crore in the corresponding period last year, Cummins India said in a filing to the Bombay Stock Exchange.
The total income during the second quarter also, jumped by 73.85 per cent to Rs 1,091.43 crore from Rs 627.80 crore in the year-ago period, it added.
The shares of the company, however, declined 1.27 per cent today and the scrip closed at Rs 740.45 on the BSE.
The company had posted a net profit of Rs 87.74 crore in the corresponding period last year, Cummins India said in a filing to the Bombay Stock Exchange.
The total income during the second quarter also, jumped by 73.85 per cent to Rs 1,091.43 crore from Rs 627.80 crore in the year-ago period, it added.
The shares of the company, however, declined 1.27 per cent today and the scrip closed at Rs 740.45 on the BSE.
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