ADVFN - Advanced Financial Network.
HOME» NYSE » C » CMI Stock Price » CMI Stock News

Cummins Share News

 Cummins, Inc. Stock Price
CMI Stock Price
 Cummins, Inc. Stock Chart
CMI Stock Chart
 Cummins, Inc. Stock News
CMI Stock News
 Cummins, Inc. Company Information
CMI Company Information
 Cummins, Inc. Stock Trades
CMI Stock Trades

Cummins India Jan-March Net INR1.45 Billion Vs INR1.44 Billion

MUMBAI -(Dow Jones)- Cummins India Ltd. (500480.BY) Tuesday said its January-March net profit was almost flat from a year earlier, tracking weak sales growth. The local unit of U.S.-based Cummins Inc. (CMI) said it posted a net profit of INR1.45 billion in its fourth quarter, compared with INR1.44 billion a year earlier. Sales grew 1% to INR10.21 billion. Chairman Anant J. Talaulicar attributed the numbers to lower demand, especially for bigger machine parts. Cummins makes and sells diesel and natural gas engines primarily for the automotive and power generation industries. India's vehicle market has slowed down due to inflationary pressures, high fuel prices and rising interest rates. A shortage of coal in the country has hurt the growth of the power sector, forcing companies to delay equipment orders. Pune-based Cummins spent INR6.44 billion on raw materials during the quarter, up 6% on year. Finance costs more than doubled to INR21.1 million The company posted a net profit of INR5.91 billion for the full year ended March 31, up from INR5.90 billion in the previous year. -By Anirban Chowdhury, Dow Jones Newswires; 91-22-61456108; Order free Annual Report for CUMMINS INDIA LTD Visit or call +44 (0)208 391 6028 Order free Annual Report for Cummins, Inc. Visit or call +44 (0)208 391 6028

Stock News for Cummins (CMI)
11/18/201511:06:03Cummins Inc. Stock Hits a 52-Week Low: Could It Fall Further?
11/16/201517:03:20Current Report Filing (8-k)
11/16/201513:01:42Statement of Changes in Beneficial Ownership (4)
11/14/201509:01:02Despite Potholes, Westport Innovations Inc. Is Still on the Road
11/10/201512:03:04Cummins discusses plans to drive shareholder value at meeting...
11/01/201518:50:34My Defensive Stock Want To Add To Buy List With Mini-Evaluation...
11/01/201507:50:08Generac Powers Up With Long-Awaited Growth
10/31/201513:57:04Monthly Portfolio Checkup - Halloween Edition!
10/31/201509:20:02Someone Hit the Brakes on Truck Orders, but PACCAR Inc. Keeps...
10/29/201520:06:30Retired Investors: A Portfolio For Withdrawing Your Annual RMD...
10/28/201520:09:14My 4% Dividend Yield Portfolio: Added In Cummins Post Its Earnings
10/28/201518:51:36Cummins Is An Attractive Dividend Pick
10/28/201504:45:40Catalyst Needed, Market In Lethargy - Bezek's Daily Briefing
10/28/201504:18:10And Now Trucking Is Suddenly Slowing Down
10/27/201521:20:05Cummins' (CMI) CEO Tom Linebarger on Q3 2015 Results - Earnings...
10/27/201517:01:41Why Navistar International Corp's Shares Crashed Today
10/27/201515:10:37Quarterly Report (10-q)
10/27/201514:14:00Cummins Slashes Jobs, Citing Global Slowdown -- Update
10/27/201509:30:11Cummins Restructures, Cuts Outlook on Weak Demand
10/27/201509:00:00Cummins Slashes Jobs, Citing Global Slowdown

Cummins and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations