Date: November 4, 2026
Performance Highlights (Standalone)
Financial Results for Q2 FY2027 (Quarter Ended September 30, 2026):
Sales Performance:
- Total Sales: ₹3,247 Crores
- Increased by 4% compared to Q2 FY2026 (YoY)
- Decreased by 4% compared to Q1 FY2027 (QoQ)
Segment-wise Sales Breakdown:
- Domestic Sales: ₹2,692 Crores
- Increased by 5% compared to Q2 FY2026 (YoY)
- Decreased by 6% compared to Q1 FY2027 (QoQ)
- Export Sales: ₹555 Crores
- Increased by 2% compared to Q2 FY2026 (YoY)
- Increased by 6% compared to Q1 FY2027 (QoQ)
Profitability Metrics:
- Profit Before Tax (PBT): ₹601 Crores
- PBT Margin: 18.5%
- Decreased by 28.4% compared to Q2 FY2026 (YoY)
- Decreased by 16.6% compared to Q1 FY2027 (QoQ)
- Profit After Tax (PAT): ₹467 Crores
- Net Profit Margin: 14.4%
Management Commentary
Adegbile Adewunmi, Managing Director, commented:
- Domestic demand remained healthy across key markets including data centers, manufacturing, realty, and distribution business
- Exports recorded growth over the previous quarter
- Commodity and freight inflation, coupled with product mix, negatively impacted margins
- Benefits of pricing actions are expected to flow through progressively
- Company remains focused on:
- Disciplined order execution
- Price realization
- Cost management
- Delivering dependability and reliability to customers
Future Outlook
- Demand across key domestic and export markets expected to remain steady
- Operating environment influenced by:
- Geopolitical uncertainty
- Inflationary pressures
- Commodity price volatility
- Evolving supply-chain dynamics
- Company focus areas:
- Disciplined execution
- Price realization
- Cost management
- Operational efficiency
- Continuous monitoring of external environment
Balance Sheet & Operational Strengths:
- Healthy balance sheet
- Stable cash conversion cycle
- Prudent capital deployment
- Cost control measures
- Proven technologies
- Experienced workforce
- Trusted brand
- Relevant product portfolio
- Manufacturing depth
- Wide distribution and service reach (480 customer touchpoints)
- Over 3,000 employees
Corporate Background
- Established in 1962
- Headquartered in Pune
- Four state-of-the-art manufacturing plants, assembly, and distribution center
- Involved in power generation, aftermarket, and export businesses
- Oldest Cummins entity in India
- Mission: "making people's lives better by powering a more prosperous world"