Power solutions technology provider Cummins India announced financial performance for the 3rd quarter ended December 31, 2024, with a 13% year-on-year (YoY) increase in standalone net profit.
The company reported a standalone net profit of ₹514 crore for Q3 FY25, up from ₹455 crore in the same period last fiscal year. Standalone revenue also saw a significant surge, rising 21.8% YoY to ₹3,086 crore compared to ₹2,534 crore in Q3 FY24.
Standalone EBITDA (earnings before interest, tax, depreciation, and amortisation) grew by 11.5% to ₹600 crore in Q3 FY25, up from ₹538 crore in the year-ago quarter. However, the EBITDA margin for the quarter stood at 19.4%, slightly lower than the 21.2% recorded in the corresponding period of the previous fiscal year.
The board of directors approved an interim dividend of ₹18 (900%) per equity share for the financial year 2024-25. This dividend will be paid on 277,200,000 equity shares with a face value of ₹2 each. The record date for the dividend has been fixed as Friday, February 14, and the payment will be completed by March 3.
On February 06, 2025, Cummins India share price traded up by 1.11% at ₹2,951.75 at 10:23 AM (IST). Cummins India’s share price reached a 52-week high of ₹4,169.50 on June 25, 2024, and a 52-week low of ₹2,373.40 on February 07, 2024. As per BSE, the total traded volume for the stock stood at 0.20 lakh shares with a turnover of ₹5.80 crore.
At the current price, Cummins India shares are trading at a price-to-earnings (P/E) ratio of 43.36x, based on its trailing 12-month earnings per share (EPS) of ₹68.07, and a price-to-book (P/B) ratio of 12.63, according to exchange data.
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Published on: Feb 6, 2025, 10:25 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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