Shares of Cummins India Ltd rose 3% to ₹2,990.70 following the company’s Q3 FY25 financial performance, driven by a 13% YoY increase in net profit and robust revenue growth.
Stock Performance Update (as of 9:22 AM)
- Current share price: ₹2,990.70 (+3%)
- Previous close: ₹2,921.15
- Market cap: ₹827.52 billion
- 52-week range: ₹2,329.55 – ₹4,171.90
Key Financial Highlights (Q3 FY25)
- Net profit: ₹514 crore, up 13% YoY from ₹455 crore in Q3 FY24.
- Standalone revenue: ₹3,086 crore, up 21.8% YoY from ₹2,534 crore.
- Standalone EBITDA: ₹600 crore, reflecting an 11.5% YoY growth from ₹538 crore.
- EBITDA margin: 19.4%, compared to 21.2% in the year-ago quarter.
Dividend Declaration
The board of directors approved an interim dividend of ₹18 (900%) per equity share on 277,200,000 equity shares with a face value of ₹2 each for FY25. The record date for the dividend is February 14, with payments scheduled by March 3.
Cummins India’s strong financial results highlight its effective strategy in expanding its revenue streams within the power solutions sector, further boosted by consistent dividend payouts.
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