Cummins India Ltd (BOM:500480)
₹ 3728.15 -35.35 (-0.94%) Market Cap: 1.03 Til Enterprise Value: 1.01 Til PE Ratio: 56.10 PB Ratio: 15.52 GF Score: 95/100

Q1 2020 Cummins India Ltd Earnings Call Transcript

Aug 08, 2019 / 05:30AM GMT
Release Date Price: ₹602.5 (-7.68%)
Operator

Good morning, everyone. Thank you for standing by, and welcome to the analyst call for Cummins India Limited Quarter 1 2019/'20 Conference Call. (Operator Instructions)

I would like to now hand over the proceedings to Mr. Sandeep Sinha. Thank you, and over to you, sir.

Sandeep Sinha

Thank you very much. Very good, really, morning to all of you. This is Sandeep Sinha from Cummins India Limited. I have along with me Mr. Rajiv Batra, our CFO. Thank you for participating in this call.

I would like to convey the financial results for the quarter ending June 2019 through this call. Before I go into the results, I would just like to give an update on what I see is happening in the markets that we participate in.

Our Powergen market and our Distribution market is still holding up well. Mining, marine and construction have certainly slowed down especially because of the financial trends that we see in the market, as well as, especially in construction because of monsoons, a lot of inactivities of construction slowed down.

Our exports, we

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