Cummins India Q4 net up 16.57 pc, final dividend at 100 pc

Mumbai, June 8 (UNI) Cummins India Ltd has posted a net profit of Rs 54.09 crore for the quarter ended March 31 this year as compared to Rs 46.40 crore for the quarter ended March 31 last year, an increase of 16.57 per cent.

Announcing the results, the company said its total income rose from Rs 336.77 crore in Q4 FY 04-05 to Rs 407.38 crore for Q4 FY 05-06.

It has posted a net profit after tax of Rs 175.69 crore for the year ended March 31 (FY 05-06) as compared to Rs 137.22 crore for the year ended March 31 (FY 04-05). Total Income has increased from Rs 1,271.47 crore in FY 04-05 to Rs 1,539.97 crore for FY 05-06.

The Board has recommended final dividend of cent per cent i.e. Rs 2 per share on equity shares of Rs 2 each fully paid up for the year ended March 31, in addition to the interim dividend of cent per cent declared on January 31 this year.

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