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

Half Year 2022 Cummins India Ltd Earnings Call Transcript

Oct 28, 2021 / 04:30AM GMT
Release Date Price: ₹893.5 (-0.20%)
Ashwath Ram
Cummins India Limited - MD & Additional Executive Director

Good morning, ladies and gentlemen. First of all, thank you for taking your valuable time to attend this call. I'm Ashwath Ram, Managing Director of Cummins India Limited. I hope you and your family are doing well and are staying safe and healthy. Also joining me on the call today is Ajay Patil, our CFO for Cummins India Limited; and Steve Chapman, our Chairman, has also joined us and is also available.

Before we get into the details of Q2 results, I'm happy to inform you that CIL witnessed a record quarter, well supported by the economic recovery, good demand and improved supply chain. Our priority continues to be the safety and wellbeing of our employees, serving our customers and communities, continuing to work on improving margins while managing costs and the company's continuity in the future.

I would now like to share the financial results of Q2 FY '22 through this call. For the quarter ended 30th September 2021 with respect to the last year same quarter, our sales, at INR 1,689 crores, is higher by 48%

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