Cummins India Q3 FY24 Results Live: Profit Rises by 20.57% YoY
Cummins India declared their Q3 FY24 results on 07 Feb, 2024. The topline increased by 16.31% and the profit increased by 20.57% YoY. Compared to the previous quarter, the revenue grew by 32.26% and the profit increased by 51.6%.
The Selling, general & administrative expenses rose by 8.17% q-o-q and increased by 29.56% YoY. The operating income was up by 61.89% q-o-q and increased by 31.75% YoY. The EPS is ₹18.05 for Q3 FY24, which increased by 20.88% YoY.
Cummins India has delivered a return of 14.24% in the last 1 week, 46.5% in the last 6 months, and 31.64% YTD. Currently, Cummins India has a market cap of ₹71663.13 Cr and a 52wk high/low of ₹2648.8 & ₹1481 respectively. As of 10 Feb, 2024, out of 21 analysts covering the company, 2 analysts have given a Strong Sell rating, 5 analysts have given a Sell rating, 7 analysts have given a Hold rating, 3 analysts have given a Buy rating, and 5 analysts have given a Strong Buy rating.
The consensus recommendation as of 10 Feb, 2024, was to Hold. The company has also declared an interim dividend of ₹18.0. The record date for the dividend is 21 Feb, 2024, and the ex-dividend date will be 21 Feb, 2024.FAQsQuestion : What is the Q3 FY24 profit/Loss as per company?Ans : ₹498.91CrQuestion : What is Q3 FY24 revenue?Ans : ₹2541.38Cr Stay updated on quarterly results with our results calendarMilestone Alert!
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