Cummins India's Q1 FY 2026-27 Quarterly Results

Result Summary

• Cummins India Ltd reported a 12.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 17.2%.
• Its expenses for the quarter were up by 18.3% QoQ and 22.8% YoY.
• The net profit decreased 6.2% QoQ and increased 0.9% YoY.
• The earnings per share (EPS) of Cummins India Ltd stood at 21.98 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Cummins India Ltd is a prominent player in the manufacturing sector, primarily focusing on engines and related technologies. The company operates within the industrial goods industry, with a product portfolio that includes diesel and gas engines, generator sets, and related components. Cummins India serves a diverse range of sectors such as power generation, industrial, automotive, construction, mining, and marine. Known for its commitment to sustainability and innovation, the company has been involved in transitioning to cleaner energy solutions and enhancing its technological capabilities. As of the latest data, there are no specific recent major developments available.

Revenue

In the first quarter of FY27, Cummins India Ltd reported a total income of ₹3563.35 crores, marking a quarter-over-quarter (QoQ) increase of 12.9% compared to ₹3155.89 crores in Q4FY26. This also represents a year-over-year (YoY) growth of 17.2% from ₹3040.70 crores in Q1FY26. The revenue growth reflects the company's ability to enhance its market presence and leverage its product offerings across various industries. The steady increase in total income over the quarters indicates a positive trajectory in the company's revenue generation capabilities.

Profitability

The profitability of Cummins India Ltd saw some fluctuations during the period under review. The profit before tax (PBT) for Q1FY27 was ₹697.01 crores, which is a decline of 9.0% QoQ compared to ₹765.68 crores in Q4FY26 and a decrease of 3.1% YoY from ₹719.39 crores in Q1FY26. The tax expense for the quarter was ₹177.54 crores, down by 12.2% QoQ and 1.8% YoY. Consequently, the profit after tax (PAT) stood at ₹609.30 crores, showing a decline of 6.2% QoQ from ₹649.46 crores but a slight increase of 0.9% YoY from ₹603.90 crores. The earnings per share (EPS) followed a similar trend, registering at ₹21.98, reflecting the same percentage changes as PAT in both QoQ and YoY comparisons.

Operating Metrics

The total expenses incurred by Cummins India Ltd in Q1FY27 amounted to ₹2866.34 crores, which is an 18.3% increase QoQ from ₹2422.55 crores in Q4FY26 and a 22.8% rise YoY from ₹2333.90 crores in Q1FY26. This rise in expenses suggests an increase in operational costs, which could be attributed to various factors such as higher raw material costs, increased production activities, or strategic investments in growth initiatives. The variance in expenses relative to income changes demonstrates the company's cost dynamics over the period. Additionally, while profitability metrics have shown some decline, the overall rise in expenses highlights the operational challenges faced by the company in maintaining its profit margins.