StocksMedium•4 November 2026•
1 min read
Cummins India Q2 Profit Drops 18.5% as Rising Material Costs Offset Revenue Gains
Key Facts
1Cummins India reported a consolidated net profit of ₹507.17 crore for Q2 FY2027, an 18.5% year-on-year decline.
2Revenue from operations grew 4.0% to ₹3,247.47 crore, but material costs rose by 17.4%.
Cummins India reported a consolidated net profit of ₹507.17 crore for the second quarter of fiscal year 2027, marking an 18.5% year-on-year decline. According to scanx.trade, revenue from operations grew by 4.0% to reach ₹3,247.47 crore, though these gains were offset by rising operational expenses.
Profitability was pressured by a 17.4% increase in material costs, which led to a decrease in basic earnings per share from ₹22.45 to ₹18.30. In equity markets, CMI closed at $500.69 on November 3, 2026, having reached an intraday high of $513.62.