Cummins India's share price saw a notable surge on May 29, gaining over 3% in early trade following the release of its Q4 results and a substantial dividend announcement of ₹ 33.50.
Market Performance
- Opening Price: ₹2,980.35
- Previous Close: ₹2,977.50
- Intraday High: ₹3,074.70
- Percentage Gain: Up to 3.3%
This upward movement in Cummins India's share price occurred shortly after the company disclosed its financial results and dividend payout after market hours on Wednesday.
Quarterly Financial Highlights
Revenue
- Total Sales (Q4 FY25): ₹2,414 Crore
- YoY Growth: 6% (from ₹2,316.15 Crore)
- QoQ Decline: 21%
Domestic Sales
- Domestic Revenue: ₹1,935 Crore
- YoY Growth: 1%
- QoQ Drop: 25%
Export Sales
- Export Revenue: ₹479 Crore
- YoY Increase: 39%
- Sequential Growth: 3%
Net Profits
- Standalone Net Profit: ₹521 Crore
- YoY Decline: 7% (from ₹561.52 Crore)
Dividend Announcement
Cummins India's board has recommended a final dividend of ₹33.50 per equity share for the fiscal year 2024-25.
- Total Dividend (including interim): ₹51.50 per share
- Interim Dividend: ₹18 per share (announced February 5, 2025)
- Final Dividend: ₹33.50 per share (1,675% on the face value of ₹2)
- Total Equity Shares: 27.72 Crore
This move marks a significant reward for shareholders, further boosting investor sentiment.
Company Overview
The company's export segment showed strong growth, reflecting its global competitiveness, while domestic sales remained steady.
Summary
- Cummins India's share price rose by over 3% after the company posted its Q4 FY25 results and announced a final dividend of ₹ 33.50.
- Despite a 7% decline in net profit, sales showed a 6% year-over-year growth.
- Export sales were a standout, growing 39% YoY.
With strong export performance and high dividend yields, Cummins India's share price remains in focus for investors.
Leave A Comment?