Half Year 2020 Cummins India Ltd Earnings Call Transcript
Good morning, everyone. I am Hurkikabo, the moderator of this call. Thank you for standing by, and welcome to analyst call. (Operator Instructions) So I would now like to hand over the proceedings to the Managing Director, Mr. Ashwath Ram. Thank you and over to you, sir.
Good morning, ladies and gentlemen. This is Ashwath Ram, the Managing Director of Cummins India Limited. Thank you very much for participating in this call. I'd like to convey the financial results of quarter ended September 2019 through this call.
Our total net sales is INR 1,285 crores, which has declined by 2% compared to INR 1,316 crores recorded in the preceding quarter.
Domestic sales stands at INR 947 crores, which have declined by 4%. Our exports grew by 3% at INR 337 crores. Our profit before tax at INR 210 crores is higher by 8% compared to INR 194 crores recorded in the preceding quarter.
When you compare this quarter with the quarter ended September 19, 2018, our net sales of INR 1,285 crores declined by 11%
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