Cummins India Limited has announced unaudited financial results for the quarter and the half year ended September 30, 2016.

Gross sales of the Company for the quarter ended September 30, 2016 at ₹ 1,331 crore grew 5% as compared to ₹ 1,262 crore recorded in the same period last year, and grew 1% compared to ₹ 1,317 crore recorded in the preceding quarter. Gross sales for the half year ended September 30, 2016 were ₹ 2,648 crore which is marginally lower over same period last year's sales of ₹ 2,651 crore due the decline in exports.

Domestic sales in the current quarter at ₹ 885 Cr grew by 8% over same period last year and declined 2% over the preceding quarter. Domestic sales for the half year at ₹1,790 crore grew 7% over the same period last year. Exports for the current quarter at ₹ 446 crore grew 1% over the same period last year and 8% over the preceding quarter. Exports for the half year ended at ₹859 crore which represented a decline of 12% over the same period last year.

Net profit before tax in the second quarter at ₹ 243 crores is 1% higher as compared to ₹ 240 crore recorded in the same period last year, and grew 8% compared to ₹ 225 crore recorded in the preceding quarter. Net profit before tax for the half year ended September 30, 2016 declined by 6 percent to ₹ 468 crore as compared to ₹ 498 crore in the same period last year.'

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