Cummins India falls after costs weigh on quarterly profit growth
06/08/2026 05:04
BUZZ-Cummins India falls after costs weigh on quarterly profit growth ** Shares of engine maker Cummins India CUMM.NS down as much as 4.02% at 5,221 rupees; their lowest level since May 20, 2026
** Stock sees biggest percentage fall since March 19, 2026; snaps a three-session rally after closing flat in the previous session
** Co posts 0.83% rise in Q1 consolidated profit after tax to 6.09 billion rupees ($64.01 million)
** Expenses rose 22.8% to 28.66 billion rupees primarily due to a rise in raw material costs
** YTD, stock up 16.70%
($1 = 95.1350 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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