Cummins India Limited submitted a press release containing its audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, as approved by the Board of Directors in a meeting held on May 27, 2026.
Standalone Financial Performance for FY26 (Year Ended March 31, 2026)
- Total Sales: ₹11,950 Crore, an increase of 18% compared to the previous year.
- Domestic Sales: ₹9,961 Crore, an increase of 19% year-on-year.
- Export Sales: ₹1,989 Crore, an increase of 12% year-on-year.
- Profit Before Tax (before exceptional items): ₹3,104 Crore, with a margin of 26%, higher by 24% compared to the last year.
- Profit After Tax: ₹2,330 Crore, higher by 22% compared to the last year.
Standalone Financial Performance for Q4 FY26 (Quarter Ended March 31, 2026)
- Total Sales: ₹2,963 Crore, higher by 23% compared to Q4 FY25 and marginally lower by 1% quarter-on-quarter (QoQ).
- Domestic Sales: ₹2,513 Crore, higher by 30% year-on-year and moderated by 1% over the previous quarter (Q3 FY26).
- Export Sales: ₹450 Crore, lower by 6% year-on-year and lower by 5% compared to the previous quarter.
- Profit Before Tax (before exceptional items): ₹820 Crore, with a margin of 27.7%, higher by 20% year-on-year and higher by 14% sequentially.
- Profit After Tax: ₹650 Crore, with a net profit margin of 21.9%.
Management Commentary
Shveta Arya, Managing Director, commented that the company concluded FY26 with record revenue and profitability. This was attributed to the ability to leverage a globally integrated supply chain and agile operating framework to meet strong customer demand in domestic and export markets. The strategy focused on profitable growth through scale, operational efficiencies, and cost discipline.
She noted that India's macroeconomic environment demonstrates resilience, supported by government initiatives and consistent economic activity. Key monitored challenges include rising crude oil and commodity prices, along with persistent global geopolitical uncertainties.
Future Outlook
The company stated that domestic demand remains steady, supported by continued investments and capital expenditure across key sectors. The export environment faces some near-term pressures, but the company is hopeful about improved stability and growth in the medium to long term. Geopolitical developments are being closely monitored, and stronger collaboration with trade partners is expected to maintain supply chain resilience.
The company's focus remains on disciplined execution, prudent capital allocation, and effective cost management, underpinned by a strong balance sheet and healthy cash position. Delivering value to customers and shareholders is central, enabled by trusted technology, skilled talent, a strong brand, fit-for-market offerings, advanced manufacturing, and an extensive distribution and service network.
Corporate Details and Submission
The press release was submitted to the BSE Limited and the National Stock Exchange of India Limited via a letter signed by Vinaya A. Joshi, Company Secretary & Compliance Officer (Membership No.: A25096).
The intimation was also uploaded to the company's website at www.cumminsindia.com.