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; anirban.chowdhury@dowjones.com Order free Annual Report for CUMMINS INDIA LTD Visit http://djnweurope.ar.wilink.com/?ticker=INE298A01020 or call +44 (0)208 391 6028 Order free Annual Report for Cummins, Inc. Visit http://djnweurope.ar.wilink.com/?ticker=US2310211063 or call +44 (0)208 391 6028

Stock News for Cummins (CMI)
DateTimeHeadline
02/10/201611:26:52Schedule 13g<br /> (sc 13g)
02/10/201609:22:47Amended Statement of Ownership (sc 13g/a)
02/09/201614:44:19Amended Statement of Changes in Beneficial Ownership (4/a)
02/09/201613:39:07Statement of Ownership (sc 13g)
02/09/201609:33:00Cummins Connected Diagnostics™ is Now Available with Geotab® Fl...
02/09/201607:34:04Cummins Announces $500 Million Accelerated Share Repurchase
02/05/201603:02:00Engine Maker Cummins Hit by Slowing Truck Sales
02/04/201616:04:00Cummins Profit Falls on Weak Demand and Commodities Prices...
02/04/201610:26:00Correction to Cummins Earnings Story
02/04/201609:00:00Cummins Scales Back Light Duty Truck Production as Profit Sinks
02/04/201608:54:00Cummins Scales Back Light Duty Truck Production as Profit Sinks
02/04/201607:49:13Current Report Filing (8-k)
02/04/201607:30:00Cummins Announces Financial Results for the Fourth Quarter and...
01/15/201609:23:38Annual Statement of Changes in Beneficial Ownership (5)
01/11/201610:07:55Cummins announces first sites to achieve 'Zero Disposal'
12/01/201520:48:45Why Cummins, Breitburn Energy Partners, and Joy Global Slumped...
12/01/201503:02:00Firms Shy Away From Spending
11/27/201515:00:045 Crucial Things PACCAR Inc. Management Wants You to Know
11/25/201510:48:17Current Report Filing (8-k)
11/18/201511:06:03Cummins Inc. Stock Hits a 52-Week Low: Could It Fall Further?

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad