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

Q2 2023 Cummins India Ltd Earnings Call Transcript

Nov 07, 2022 / 04:30AM GMT
Release Date Price: ₹1335.05 (+0.29%)
Operator

Good morning, ladies and gentlemen. Welcome to Cummins India Limited Q2 FY 2022/'23 Earnings Conference Call. We hope you are all keeping safe and healthy. (Operator Instructions)

I now hand the conference over to Mr. Ashwath Ram, MD Cummins India Limited. Thank you, and over to you, Mr. Ram.

Ashwath Ram
Cummins India Limited - MD & Additional Executive Director

Good morning, ladies and gentlemen. I'm Ashwath Ram, Managing Director of Cummins India Limited. Mr. Ajay Patil, our CFO, is also on the call with me. Thank you all for joining us on this call today.

I hope all of you had a great and safe festive holiday season. We are happy to announce that CIL has achieved the highest quarterly revenue and profit due to strong demand across various market segments and geographies. Now I would like to share the financial results of Q2 FY '23 through this call.

For the quarter ended September 30, 2022, with respect to the same quarter last year, our sales at INR 1,922 crores were higher by 14% compared to INR 1,689 crores recorded in

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