Cummins India Ltd has reported a robust 43 per cent rise in its first quarter adjusted net profit from operations (without taking into consideration other income).
The engines maker has posted a net profit of Rs. 210.73 crore in Q1 FY16 versus Rs. 211.99 crore in Q1 15 which included non-recurring profits on the sale of long term investments of Rs. 82.63 crore in total of Rs. 106.71 crore of other income. Other income in Q1 16 stood at Rs. 60 crore.
Total income from operations for the Pune-based company stood at Rs. 1314.31 crore versus Rs. 1045.14 crore in the two respective quarters, translating into a growth of 25.7% year on year.,
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