Cummins India Q1 net up at Rs 88 cr

Cummins

Mumbai: Cummins India, a diesel engine manufacturer, on Thursday announced a net profit of Rs 88.24 crore for the quarter ended June 30, a growth of 37.82 per cent over the corresponding period previous year.

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The company had posted a net profit of Rs 64 .02 crore for the quarter ended June 30, 2007, the company said in a filing to the Bombay Stock Exchange.

Total income rose to Rs 744.70 for the first quarter in the current fiscal from Rs 565.49 crore in the year-ago period.

Cummins India manufactures diesel, gas and dual fuel engines for power generation.

Shares of the company were trading at Rs 293.20, up 5.75 per cent in the afternoon trade on the BSE.

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