Cummins India reported a 20.6% rise in third-quarter profit on Wednesday, as demand for its engines and power generator sets recovered following a hit from new emissions norms. The Indian unit of U.S. truck engine maker Cummins posted a consolidated profit after tax of 4.99 billion rupees ($60.2 million) for the quarter ended Dec. 31 from 4.14 billion rupees a year earlier. Sales rose 16.8% to 25.10 billion rupees on the back of stable demand for its newly launched and more expensive power generator sets.
Diesel and natural gas engine maker Cummins India reported a 23% rise in second-quarter profit on Tuesday as lower expenses helped offset slowing engine demand. The Indian unit of U.S. truck engine maker Cummins reported a consolidated profit of 3.29 billion rupees ($39.52 million), up from 2.67 billion rupees last year. Cummins India's total expenses fell 5.1% to 16.20 billion rupees on lower cost of raw materials such as aluminium and steel.