top of page

Cummins India Limited June-23 Quarter (Cummins India), Revenue zooms by 14.7% to Rs.2218 Crore and Profit nearly remains regular by 1.4% to Rs.354 Crore

00:00 / 00:04
download (4).png

Cummins India, has announced a revenue of Rs.2218 Crore, which has grown by 14.7% as compared to previous quarter revenue of Rs.1934 Crore. As compared to revenue of June-22, there is a spikes by 30.8% from Rs. 1696 Crore. to Rs.2218 Crore.                                                      


The Major Segments have been, Engines and Lubes. The share of each major segments are Engines : 2185 Crore [98.5%] and Lubes : 598 Crore [27.0%]. The change in segment revenue of Engines segment soars by 15.1% and Lubes segment crosses by 3.0% during the quarter.    



 Cummins India , Quarterly Profit has nearly maintains by 1.4% to Rs.354 Crore from Rs.349 Crore . Net Profit Margin of the company slides from 18.0% to 15.9% .                                               


On analysis, it is observed that this Quarter's EBITDA (Operating Profit) Margin has shrinks to 15.4% from 17.1% . The reason for the lessen of EBITDA Margin is due to,                                                      

a) Cost to Revenue % of Cost of Sales has slightly changes to 67.2% (Previous Quarter: 66.8%). Cost of Sales in absolute terms has upscales from Rs.1292 Crore to 1490 Crore.                                                          

b) Cost to Revenue % of Employee Cost has crosses to 8.7% (Previous Quarter: 8.3%). Employee Cost in absolute terms has increases sharply from Rs.161 Crore to 194 Crore.                                                  

c) Cost to Revenue % of Other Expenses has zooms to 8.7% (Previous Quarter: 7.8%). Other Expenses in absolute terms has flies from Rs.151 Crore to 192 Crore.                                                         



The finance cost has increases sharply from Rs.6.66 Crore to 7.83 Crore by 17.6%.                              ­

                                                           

Price to Earning (PE) ratio of the company is 39.92 as compared to the Industry PE of 39.38. PE is better placed which signifies that neither company is overvalue or undervalued. Companies Return on Equity (ROE) is 24.0% and Return of Capital Employed (ROCE) is 25.6%                                                        

                                                           

To summarize, Revenue has grown by 14.7%. Gross Margin has nearly stays similar from 33.2% to 32.8%. EBITDA Margin has shrinks to 15.4% from 17.1%. and Net Profit After Tax Margin has slides from 18.0% to 15.9%.                                                

The Brief of Quarterly Results is as follows:       



                                                   

Disclaimer : The information and analysis of financial results or financial statements are purely informative in nature and shall not be consider as any form of investment or any other sort of advice to buy / sell / hold any stock , units or any other financial instruments or advice to make any other form of decision whatsoever.

Hindustan Copper Limited June-23 Quarter (Hindustan Copper), Revenue turndowns by 33.7% to Rs.371 Crore and Profit turndowns by 64.3% to Rs.47 Crore.

00:00 / 00:04

Grindwell Norton Limited June-23 Quarter (Grindwell Norton), Revenue nearly remains regular by 0.5% to Rs.668 Crore and Profit shrinks by 1.6% to Rs.97 Crore.

00:00 / 00:04

Divi's Laboratories Limited June-23 Quarter (Divi's Laboratories), Revenue shrinks by 8.9% to Rs.1778 Crore and Profit soars by 10.9% to Rs.356 Crore.

00:00 / 00:04

Borosil Limited June-23 Quarter (Borosil), Revenue shrinks by 3.2% to Rs.251 Crore and Profit turndowns by 71.4% to Rs.6 Crore.

00:00 / 00:04

LUX INDUSTRIES LIMITED June-23 Quarter (LUX INDUSTRIES), Revenue turndowns by 27.2% to Rs.521 Crore and Profit turndowns by 49.3% to Rs.15 Crore.

00:00 / 00:04

Patanjali Foods Limited June-23 Quarter (Patanjali Foods), Revenue nearly remains regular by 1.3% to Rs.7767 Crore and Profit turndowns by 66.7% to Rs.88 Crore.

00:00 / 00:04

Oil & Natural Gas Corporation Limited June-23 Quarter (ONGC), Revenue nearly remains regular by 0.2% to Rs.163824 Crore and Profit flies by 204.9% to Rs.17383 Crore.

00:00 / 00:04

FSN E Commerce Ventures Limited June-23 Quarter (NYKAA), Revenue soars by 9.2% to Rs.1422 Crore and Profit flies by 183.8% to Rs.6 Crore.

00:00 / 00:04

NHPC Limited June-23 Quarter (NHPC), Revenue flies by 35.9% to Rs.2757 Crore and Profit flies by 103.1% to Rs.1056 Crore.

00:00 / 00:04

Chemcon Speciality Chemicals Limited June-23 Quarter (Chemcon Speciality Chemicals), Revenue nearly remains regular by 0.3% to Rs.79 Crore and Profit turndowns by 44.9% to Rs.6 Crore. 

00:00 / 00:04

AstraZeneca Pharma India Limited June-23 Quarter (AstraZeneca Pharma), Revenue soars by 3.8% to Rs.295 Crore and Profit flies by 212.4% to Rs.54 Crore.

00:00 / 00:04

Glenmark Pharmaceuticals Limited June-23 Quarter (Glenmark Pharma), Revenue nearly remains regular by 0.8% to Rs.3402 Crore and Profit flies by 143.0% to Rs.173 Crore.

00:00 / 00:04

Hindustan Aeronautics Limited June-23 Quarter (HAL), Revenue turndowns by 68.7% to Rs.3915 Crore and Profit turndowns by 71.3% to Rs.814 Crore.

00:00 / 00:04

Apollo Hospitals Enterprise Limited June-23 Quarter (Apollo Hospitals), Revenue soars by 2.7% to Rs.4418 Crore and Profit flies by 19.1% to Rs.173 Crore.

00:00 / 00:04

Cummins India Limited June-23 Quarter (Cummins India), Revenue zooms by 14.7% to Rs.2218 Crore and Profit nearly remains regular by 1.4% to Rs.354 Crore

00:00 / 00:04

Balrampur Chini Mills Limited June-23 Quarter (Balrampur Chini), Revenue slides by 6.8% to Rs.1390 Crore and Profit turndowns by 71.4% to Rs.73 Crore

00:00 / 00:04

Wockhardt Limited June-23 Quarter (Wockhardt Pharma), Revenue shrinks by 5.0% to Rs.644 Crore and Loss flies by 42.6% to Rs.-136 Crore.

00:00 / 00:04

Jai Corp Limited June-23 Quarter (Jai Corp), Revenue shrinks by 7.4% to Rs.116 Crore and Profit flies by 114.2% to Rs.6 Crore.

00:00 / 00:04

Godrej Industries Limited June-23 Quarter (Godrej Industries), Revenue shrinks by 7.1% to Rs.4506 Crore and Profit turndowns by 48.2% to Rs.291 Crore.

00:00 / 00:04

Bharat Forge Limited June-23 Quarter (Bharat Forge), Revenue soars by 6.8% to Rs.3877 Crore and Profit flies by 67.3% to Rs.214 Crore.

00:00 / 00:04

Emami Limited June-23 Quarter (Emami), Revenue nearly remain flat by 6% to Rs.826 Crore and Profit shrinks by 3.4% to Rs.137 Crore                                                          

00:00 / 00:04

Parag Milk Foods Limited June-23 Quarter (Parag Milk Foods), Revenue slides by 7.9% to Rs.738 Crore and Profit turndowns by 75.6% to Rs.5 Crore

00:00 / 00:04
bottom of page