Full Year 2020 Cummins India Ltd Earnings Call Transcript
Good morning, ladies and gentlemen. This is Ashwath Ram, the Managing Director of Cummins India Limited. These are very difficult and complicated times, and I hope you and your family are all doing well and are staying safe and healthy. Also joining me on today's call is Mr. Ajay Patil, who is our CFO for Cummins India Limited. Thank you for joining us on this call.
I would like to share the financial results of the quarter and year ending March 31, 2020, through this call. I'll now talk about our financial results.
For the quarter ended March 31, 2020, with respect to the sequential quarter, our total net sales stood at INR 1,032 crores, which declined by 28% compared to the INR 1,428 crores recorded in the preceding quarter. Net of COVID-19 revenue declined by 14%. Domestic sales stood at INR 775 crores, declined by 27%. Exports stood at INR 257 crores and declined by 31%. Net of COVID-19, domestic revenue declined by 12% and exports declined by 21%.
Profit before tax and exceptional items at INR 121 crores,
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