Cummins India Q3 net up 22%

Cummins India has posted a 22% rise in net profit at Rs 32.85 crore for the quarter ended December 31, 2004 as compared to Rs 26.94 crore for the quarter ended December 31, 2003.

According to a release issued to the BSE, total income has increased 32% from Rs 245.44 crore in Q3-03 to Rs 324.01 crore for the quarter ended December 31, 2004.

The board of directors of Cummins have declared an interim dividend of 100% (One Hundred percent) i.e. Rs 2/- per share on 19.80 crore equity shares of Rs 2/- each fully paid for the financial year 2004-05.

The record date for purpose of interim dividend has been fixed as February 14, 2005, the release added.