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Cummins net up 25% - Views on News from Equitymaster
 
 
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  • Nov 1, 1999

    Cummins net up 25%

    Cummins India has posted net profit of Rs 226 m (up 25.1%) in 2QFY2000. This is attributed to a decline in interest cost (down 17.3%) and lower tax provision (down 6.5%).

      2QFY2000 2QFY1999 Change
    Net Sales 1,984 1,580 25.6%
    Other Income 60 74 -18.5%
    Expenditure 1,665 1,316 26.5%
    Interest 7 9 -17.3%
    Depreciation 58 54 6.8%
    Profit before Tax 314 275 14.2%
    Tax 88 94 -6.5%
    Profit after Tax 226 181 25.1%
    Net profit margin 11.4% 11.5%  

     

     

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