March 8, 2021

Cummins India This autumn outcomes: Internet revenue up 9% at Rs 170 crore

New Delhi: Cummins India on Wednesday posted round 9 per cent improve in its consolidated internet revenue to Rs 170.24 crore within the March quarter in comparison with the identical interval final 12 months.

The corporate had reported a consolidated internet revenue of Rs 156.31 crore within the quarter ended on March 31, 2019, a regulatory submitting mentioned.

Complete revenue of the corporate dropped to Rs 1,129.41 crore within the March quarter from Rs 1,408.98 crore in the identical interval 12 months in the past.

For 2019-20, consolidated internet revenue declined to Rs 705.61 crore from Rs 742.61 crore in 2018-19. Complete revenue was decrease at Rs 5,448.94 crore in 2019-20 towards Rs 5,932.38 crore in 2018-19.

The Board of Administrators has beneficial ultimate dividend of Rs 7 per fairness shares of face worth of Rs 2 every for the monetary 12 months ended on March 31, 2020, along with the interim dividend of Rs 7 per share declared on January 28, 2020.

The dividend, if accredited by the members at ensuing AGM, can be paid on September 21, 2020, it added.