Cummins India Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 28, 2021 at 09:01 pm IST
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Cummins India Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 14,915.7 million. Net income was INR 2,402.9 million. Basic earnings per share from continuing operations was INR 8.67. For the nine months, total revenue was INR 33,190.8 million. Net income was INR 4,664.7 million.
Cummins India Limited is an India-based manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets. The Company's business units include engine, power systems and distribution. Its engine business manufactures engines from 60 horsepower (HP) for low, medium and heavy-duty on-highway commercial vehicle markets and off-highway commercial equipment industry spanning construction and compressor. Its power systems business designs and manufactures horsepower engines from 700 HP to 4500 HP for marine, railways, defense and mining applications as well as power generation systems comprising of integrated generator sets in the range of 7.5 kilovolt amperes (kVA) to 3750 kVA including transfer switches, paralleling switchgear and controls for use in standby, prime and continuous rated systems. Its distribution business provides products, packages, services and solutions for uptime of its equipment. Its digital products include Acumen, Incal and Inline.