Gross profit of Cummins India FY 2013-2021
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.
