Cummins India begins the new fiscal year with an 18% rise in standalone sales, driven by strong domestic demand, despite cautious outlook on exports due to geopolitical tensions.
Cummins India began the new fiscal year with a stronger-than-expected performance, posting standalone sales of ₹3,375 crore for the quarter ended June 30, 2026, according to the company’s latest results. That was up 18% from a year earlier and 14% higher than the previous quarter, with domestic demand doing most of the work. Sales in India rose 22% year on year to ₹2,854 crore, while export sales were flat compared with the same period last year at ₹521 crore but improved sequentially.
Profit before tax, before exceptional items, came in at ₹721 crore, giving the engine maker a margin of 21.4%. That was slightly lower than the same quarter a year earlier and below the previous quarter. Profit after tax was ₹543 crore, producing a net margin of 16.1%. Shveta Arya, managing director of Cummins India, said in a statement that the quarter was supported by solid domestic demand and order execution, while exports remained resilient despite geopolitical pressures.
The latest quarter follows a record 2025-26 financial year for the company. Business Standard reported in June that Cummins India closed the year with revenue of ₹11,950 crore, up 18% year on year, with domestic sales rising 19% to ₹9,961 crore and export sales climbing 12% to ₹1,989 crore. The same report said annual gross margin improved slightly even though the final quarter saw some pressure from higher costs.
Still, the export outlook remains a point of caution. Reporting on the full-year results, Sahi.com said management had flagged risks tied to tensions in West Asia, where the company generates about 20% of revenue. That backdrop helps explain why Cummins India is pairing its domestic growth story with a sharper focus on cost control and operating discipline as it enters the rest of the year.
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