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Pune, Oct 24

Net sales of Cummins India Ltd for the quarter ended September 30, 2008 were Rs 789 crore, an increase of 49 per cent over sales of Rs 528 crore for the same period last year. Profit before tax rose 41 per cent to Rs 128 crore (Rs 91 crore). Mr Anant Talaulicar, Chairman and Managing Director, Cummins India, said, “The performance has been encouraging across all parts of our business. Our bottom line improvement has been respectable despite unprecedented inflation in metals. Our expansion plans and new product programmes are on track, and we intend to continue growing profitably, although there may be a short term slowdown to our momentum depending on how economic developments unfold.”

— Our Bureau

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