Cummins India, a 51 per cent subsidiary of Cummins USA, the world's largest independent diesel engine designer and manufacturer, has recorded 36.5 per cent rise in net profit for the year ended March 31,2009.
For the financial year 2008-09 the net sales of the company were Rs 2,861 crore as against Rs 2,330.8 crore in the year ago period.
The result excludes Cummins Sales and Services and Cummins Auto Services, subsidiaries which were merged into the company in April 2008.
The company also announced a net sales of Rs 614.7 crore, registering a decline of 8.2 per cent from the quarter ended March 31,2008.