Cummins India (CIL) has recorded a 31 per cent year-on-year increase in total sales for Q2 FY25, reaching Rs. 2,448 crore. Domestic sales drove growth with a 47 per cent increase, amounting to Rs. 2,008 crore, while export sales dipped by 13 per cent, totalling Rs. 440 crore. The company’s profit after tax grew by 37 per cent, standing at Rs. 451 crore.
Shveta Arya, Managing Director, Cummins India, credited India’s resilient economy, strong GST collections, and stable fiscal policies for supporting this growth. “Despite global geopolitical conflicts, India’s key indicators like GST, PMI, and IIP point to a positive economic outlook,” Arya stated, noting Cummins’ commitment to its growth strategy and the company’s timely transition to CPCB IV+ emission norms as of July 2024.
Looking ahead, CIL remains cautiously optimistic about near-term domestic demand, expecting long-term growth potential due to its extensive portfolio of emission-compliant products. Although exports were impacted by global disruptions, Cummins continues efforts to strengthen international trade relationships. The company is strategically positioned with a strong balance sheet, world-class manufacturing capabilities, and a customer-centric service network across India and neighbouring regions, reinforcing its aim for profitable growth.