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Thursday, January 23, 2025 | 04:01 PM ISTEN Hindi

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Muted exports, gradual domestic powergen recovery may hit Cummins sales

Going ahead, the company has guided for a double-digit sales growth

Demand growth stays buoyant for Cummins India; profitability under pressure
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Ram Prasad Sahu

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Cummins India’s September quarter performance was a mixed bag with revenues disappointing the Street, but operational metrics beating expectations. Its consolidated sales were down 3 per cent y-o-y with domestic sales and exports falling 2 per cent and 5 per cent, respectively.

This was expected as June quarter sales were up 43 per cent y-o-y on account of pre-buying amidst a shift from the Central Pollution Control Board (CPCB) II to CPCB IV+ emission norms. The domestic power generation business sales thus fell by 28 per cent y-o-y.  

The customer response to CPCB IV+ engines was strong in

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