May 15, 2012, 01.31 PM | Source: Moneycontrol.com
Cummins India is expected to report a growth of 2% year-on-year in its profit after tax at Rs 147 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Total income is seen going up by 5% to Rs 1,100 crore from Rs 1,049 crore year-on-year.
EBITDA is likely to go up by 5% to Rs 193 crore from Rs 185 crore during the same period.
Operating profit margin is expected be flat at 17.58% for January-March quarter of 2012 as against 17.62% in the corresponding quarter of last fiscal.
Company is expected to continue to report weak performance on the back of muted domestic and export demand
Key factors to watch for
Trend in pig iron prices as rising steel prices have been resulting in significant margin pressure
Slowdown in export market due to the looming crisis in Europe
Sudarshan Sukhani of s2analytics.com is of the vie
Krish Subramanyam of Altamount Capital recommends
Cummins India has informed that Mr. Pradeep Kumar
The company's Q4 net profit was down 13.8 percent
Revenue is seen rising 10 percent to Rs 1,246 cror