Cummins India Limited has informed the Exchange about Transcript
CUMMINSIND · price
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Cummins India reported FY25 sales of ₹10,166 crores, up 15% YoY, with domestic sales growing 18% and exports up 6%. Profit before tax rose 16% to ₹2,496 crores. Q4 FY25 sales were ₹2,413 crores, up 6% YoY but down 21% QoQ, with PBT at ₹681 crores. The Powergen segment saw a 7% YoY decline in Q4 due to last year's CPCB II pre-buy effect, while the Industrial business grew strongly with full-year domestic sales up 29%. Management guided for double-digit revenue growth in FY26 but remained cautiously optimistic citing global tariff and trade policy uncertainties. CPCB IV+ volumes are tracking at 80-85% of CPCB II levels, and management expects pricing to settle in the next 1-2 quarters. Data center demand remains strong with no capacity constraints, though mining segment faces delays in Coal India tenders.
Positive overall as the company delivered double-digit growth in FY25 and reiterated double-digit growth guidance for FY26, supported by strong distribution business growth (14%) and robust data center demand. However, cautious tone on exports due to global tariff uncertainty and Q4 sequential decline in domestic Powergen may temper near-term sentiment.