Published on 04/02/2026 08:54 PM
Cummins India Q3 Results: Earnings trail estimates despite margin expansion; dividend declaredCummins India posted a weaker-than-expected Q3, with profit and revenue missing estimates, even as margins improved year-on-year. The board announced a ₹20 interim dividend.By Sheersh Kapoor February 4, 2026, 8:54:24 PM IST (Published)1 Min ReadCummins India Ltd reported a mixed set of numbers for the third quarter, with earnings coming in below Street expectations despite a year-on-year improvement in operating margins.
Net profit for the quarter stood at ₹453 crore, falling short of the CNBC-TV18 poll estimate of ₹594 crore and declining 11.9% from ₹514 crore a year earlier. Revenue slipped marginally by 1% year-on-year to ₹3,055 crore, also below the estimate of ₹3,210.5 crore.
At the operating level, EBITDA rose 5.7% year-on-year to ₹635.4 crore, although it missed the poll estimate of ₹670.4 crore. EBITDA margin improved to 20.8% from 19.5% last year, broadly in line with Street expectations.
Ahead of the earnings announcement, shares of Cummins India closed at ₹4,200 on the NSE, up 0.82%.
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Separately, the board of directors approved and declared an interim dividend of ₹20 per equity share of face value ₹2 each, amounting to 1,000% for FY26.
February 11, 2026 has been fixed as the record date to determine shareholders eligible for the interim dividend.Continue ReadingTagsCumminsCummins IndiaearningsQ3 resultsshare market today