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13-Aug-2025

Cummins India

Overall powergen market volumes are back to CPCB2 levels now


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Cummins India hosted a conference call on Aug 8, 2025. In the conference call the company was represented by Shveta Arya, Managing Director.

Key takeaways of the call

Standalone sales in Q1Fy26 was up 26% to Rs 2859 crore [Domestic sales up 25% YoY & 21%QoQ (to Rs 2336 crore); Exports up 34%YoY & 9%QoQ (to Rs 523 crore)].   Q1FY26 revenue growth backed by steady demand across markets and better execution of orders. Achieved record quarterly profit owing to volume leverage and operational efficiencies.

Better penetration in power gen and railways and better execution of orders drove the growth. Though new products started contributing to topline but the growth not only because of that.

Overall powergen market volumes are back to CPCB2 levels now. Though competition continue to be still lot, the prices have settled.

Of the total powergen sales 60% is below 9KVA segment that is covered by CPCBIV+...



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