Cummins India500480Quarterly results

September-quarter results: total sales ₹3,247 Cr, up 4% year on year; profit after tax ₹467 Cr

Cummins India's board reviewed and approved the unaudited financial results for the quarter and half year ended September 30, 2026, and released the numbers in a press note.

By ScoutQuest · Wed 4 Nov 2026, 11:30 PM IST · 2 min read

₹3,247 CrTotal sales for the quarter

Domestic sales₹ 2,692 Cr

Export sales₹ 555 Cr

Total sales for the quarter ₹3,247 Cr: Domestic sales ₹ 2,692 Cr, Export sales ₹ 555 Cr.

Total Sales: ₹3,247 Cr, up 4% YoY, down 4% QoQ
Profit Before Tax: ₹601 Cr, margin 18.5%, down 28.4% YoY
Profit After Tax: ₹467 Cr, net margin 14.4%

What the company reported

The press release covers the quarter and half year ended September 30, 2026. The board reviewed and approved the unaudited financial results, and the performance highlights below are based on the standalone unaudited results.

Sales

Total sales for the quarter stood at ₹3,247 Cr. That is 4% higher than the same quarter last year and 4% lower than the previous quarter.
Domestic sales were ₹2,692 Cr, up 5% year on year but 6% lower quarter on quarter.
Export sales were ₹555 Cr, up 2% year on year and up 6% over the previous quarter.

Profits and margins

Profit before tax was ₹601 Cr with a margin of 18.5%. This was 28.4% lower than the same quarter last year and 16.6% lower than the previous quarter.
Profit after tax was ₹467 Cr with a net profit margin of 14.4%.

How to read this

Sales grew over last year, led by domestic demand, while profit before tax fell sharply from a year earlier. Margins are therefore the key takeaway from this release.

What management said

The Managing Director, Adegible Adewunmi, said demand remained healthy across key domestic markets, supported by data centers, manufacturing, realty and continued growth in the distribution business, and that exports also grew over the previous quarter. He attributed the margin impact to commodity and freight inflation, coupled with product mix, and said the benefits of pricing actions are expected to flow through progressively. The company said it remains focused on disciplined order execution, price realisation and cost management.

Outlook

Demand across key domestic and export markets is expected to remain steady.
The operating environment continues to be influenced by geopolitical uncertainty, inflationary pressures, commodity price volatility and evolving supply-chain dynamics.
The company plans to stay focused on disciplined execution, price realisation, cost management and operational efficiency.
It describes its balance sheet as healthy with a stable cash conversion cycle.

About the company

Established in 1962 and headquartered in Pune, Cummins India Limited is a power solutions provider operating in power generation, aftermarket and export businesses. It has four manufacturing plants plus assembly and a distribution centre, 480 customer touch points and over 3,000 employees.

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