Cummins India is expected to report profit after tax of Rs 155 crore in January-March quarter of CY11, a growth of 31% as compared to Rs 118 crore in same quarter the previous year.
Total income is seen going up by 45% to Rs 1144 crore from Rs 788 crore during the same period.
EBITDA is likely to go up by 36% at Rs 218 crore from Rs 161 crore on year-on-year basis. Operating profit margin is expected to be at 19.07% versus 20.41%.
On quarter-on-quarter basis, total income is seen going up by 15% and PAT up by 12%. EBITDA is likely to grow by 21% and operating profit margin is seen improving at 19.07% versus 18.10%.
Key factors to watch
-Strong revenue and earnings growth expected during the quarter as company sorts out tightness in supply chain
-EBITDA margins expected to be lower due to significantly higher margins last yr and commodity price inflation
-Pick-up in exports to be watched out for
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
