Cummins India Q3 net profit soars 66%

The company had posted a net profit of Rs.140.96 crore in the corresponding period previous year
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First Published: Thu, Jan 31 2013. 08 03 PM IST
The net income during the third quarter of the current fiscal also went up by 13.21% to `1,089.46 crore from `962.37 crore in the year-ago period.
The net income during the third quarter of the current fiscal also went up by 13.21% to Rs.1,089.46 crore from Rs.962.37 crore in the year-ago period.
New Delhi: Engine maker Cummins India on Thursday reported 66.06% increase in its net profit for the quarter ended 31 December 2012, at Rs.234.08 crore.
The company had posted a net profit of Rs.140.96 crore in the corresponding period previous year, Cummins India said in a filing to the BSE.
The net income during the third quarter of the current fiscal also went up by 13.21% to Rs.1,089.46 crore from Rs.962.37 crore in the year-ago period, it added. The company’s board of directors also declared an interim dividend of Rs. 5 per equity share of Rs.2 each for 2012-13.
Shares of Cummins India today closed trading 1.99% up at Rs.488.55 apiece on BSE.
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First Published: Thu, Jan 31 2013. 08 03 PM IST
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