At the end of fiscal year 2018, Cummins India had a gross profit of about 18 billion Indian rupees. This was estimated to increase to over 26 billion rupees in fiscal year 2021. The company had not increased prices for four years till November 2018. A price hike of three to five percent was made to mitigate the cost pressure of increased raw material prices.
Gross profit of Cummins India Limited from financial year 2013 to 2018 with estimates until 2021
(in billion Indian rupees)
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Motilal Oswal Group. (March 5, 2019). Gross profit of Cummins India Limited from financial year 2013 to 2018 with estimates until 2021 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1050459/india-cummins-gross-profit/
Motilal Oswal Group. "Gross profit of Cummins India Limited from financial year 2013 to 2018 with estimates until 2021 (in billion Indian rupees)." Chart. March 5, 2019. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1050459/india-cummins-gross-profit/
Motilal Oswal Group. (2019). Gross profit of Cummins India Limited from financial year 2013 to 2018 with estimates until 2021 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1050459/india-cummins-gross-profit/
Motilal Oswal Group. "Gross Profit of Cummins India Limited from Financial Year 2013 to 2018 with Estimates until 2021 (in Billion Indian Rupees)." Statista, Statista Inc., 5 Mar 2019, https://www.statista.com/statistics/1050459/india-cummins-gross-profit/
Motilal Oswal Group, Gross profit of Cummins India Limited from financial year 2013 to 2018 with estimates until 2021 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1050459/india-cummins-gross-profit/ (last visited November 18, 2024)
Gross profit of Cummins India Limited from financial year 2013 to 2018 with estimates until 2021 (in billion Indian rupees) [Graph], Motilal Oswal Group, March 5, 2019. [Online]. Available: https://www.statista.com/statistics/1050459/india-cummins-gross-profit/