News Overview

EBITDA nearly doubled to ₹111.8 crore during the quarter. This is compared to ₹56.3 crore a year ago.

Top gainers in Sensex include Titan Company, NTPC, Bajaj Finserv, Trent.

As per a court-approved ruling, the company will recover these dues from its consumers over the next four years.

At around 1.04 PM, Cummins India was trading 5.18% higher at ₹3,864.40 per piece, against the previous close of ₹3,674 on NSE.

The company said its revenue growth was supported by an 8% increase in underlying volumes.

Biosimilars revenue grew 18% YoY to ₹2,458 crore in the quarter. This growth was driven by sustained global demand

The company’s operating performance saw a notable improvement. EBITDA jumped 30.2% to ₹56 crore. This is compared to ₹43 crore in Q1FY25.

Additionally, the company announced that its Retail APE was reported at ₹7,061 Crore. This came in higher than street estimates of ₹6,919 Crore.

On the operational front, EBITDA rose 38.6% YoY to ₹525 crore. This is against ₹379 crore a year ago.

Revenue for the quarter rose modestly to ₹6,560 crore, a 3.6% increase over ₹6,334 crore reported a year earlier.