Cummins India Limited reported a strong fourth quarter for FY26, with revenue and profitability both rising sharply on a year-on-year basis on a standalone basis.

Revenue from operations grew 22.7% to ₹3,011.18 crore in Q4 FY26 from ₹2,456.89 crore in Q4 FY25. Net profit after tax came in at ₹650.12 crore, up 24.7% from ₹521.37 crore in the year-ago quarter.

Metric Q4 FY26 Q4 FY25 YoY Change
Revenue from Operations ₹3,011.18 cr ₹2,456.89 cr +22.6%
EBITDA ₹640 cr ₹520 cr +23.1%
EBITDA Margin 21.33% 21.54% -21 bps
Profit Before Tax (ex-exceptional) ₹820.15 cr ₹680.69 cr +20.5%
Profit Before Tax ₹852.49 cr ₹680.69 cr +25.2%
PAT ₹650.12 cr ₹521.37 cr +24.7%

EBITDA grew 23.1% to ₹640 crore from ₹520 crore in Q4 FY25, though margin contracted marginally by 21 basis points to 21.33% from 21.54%, reflecting modest cost pressure even as operating leverage played out on the revenue side. Profit before exceptional items stood at ₹820.15 crore, with Q4 FY26 also including an exceptional gain of ₹32.34 crore related to the impact of new labour codes.

For the full year FY26, revenue from operations grew 17.3% to ₹12,143.19 crore from ₹10,339.40 crore in FY25. Full-year PAT rose 22.3% to ₹2,330.18 crore from ₹1,905.78 crore in FY25.

Metric FY26 FY25 YoY Change
Revenue from Operations ₹12,143.19 cr ₹10,339.40 cr +17.4%
Total Income ₹12,863.69 cr ₹10,965.53 cr +17.3%
Profit Before Tax (ex-exceptional) ₹3,104.44 cr ₹2,496.14 cr +24.4%
PAT ₹2,330.18 cr ₹1,905.78 cr +22.3%

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