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Our Bureau

Pune, Jan. 25

Cummins India Ltd has recorded a net sales of Rs 477 crore for the quarter ended December 2006. It had registered net sales of Rs 389.8 crore for the corresponding period last year, recording a growth of 22 per cent. Profit before tax for the third quarter of the current fiscal stood at Rs 89.9 crore, as compared to Rs 69.6 crore for the corresponding period last year, an increase of 29 per cent.

At the board of directors meeting on Thursday an interim dividend of 100 per cent (Rs 2 per equity share) was recommended. According to an official communication, the capacity expansion at its Kothrud facility for high horsepower engines and the new Pirangut facility for low horsepower generator drives and generator sets was progressing on schedule.

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EID Parry Q3 net at Rs 3.53 cr

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