Cummins India posts Q3 net profit of Rs.638.9 million, declares 100% interim dividend

Cummins India Ltd has announced the following Unaudited results for the quarter ended December 31, 2006:

The Company has posted a net profit after tax of Rs 628.90 million for the quarter ended December 31, 2006 as compared to Rs 484.70 million for the quarter ended December 31, 2005. Total Income has increased from Rs 4095.80 million for the quarter ended December 31, 2005 to Rs 5029.50 million for the quarter ended December 31, 2006.

The Boad of Directors of the Company has declared an interim dividend of 100% i.e. Rs 2/- per shares on equity shares of Rs 2/- each, for the financial year 2006-2007.

Further the Company has informed that, February 09, 2007 has been fixed as the Record Date for the purpose of payment of interim dividend.

Source : Equity Bulls

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