Comments
Engines maker, Cummins India Ltd, has posted a net profit of Rs 212 crore during the first quarter of FY15 against Rs 166 crore in Q1 FY 14, representing a rise of 27.7 per cent year-on-year.
The net profit was however, boosted by the profit on sale of long-term investments of Rs 82.63 crore, which is non-recurring, according to the company's financial results announced today.
Income from operations in the two quarters beings compared stood marginally lower this year at Rs 1,045.1 crore versus Rs 1,049.33 crore in the same period last year.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.