Wheels Unplugged reports:
Cummins India, which announced its results for the financial year 2008-09, saw its net sales at Rs. 2,861.1 crore, compared with Rs. 2,330.8 crore in the preceding year, thus registering a growth of 22.8 per cent. The company’s profit before tax for the year 2008-09 stood at Rs. 523.2 crore, which was higher by 32.1 per cent over the corresponding period’s year figure of Rs. 396.0 crore.
…
Anant Talaulicar, chairman & managing Director, Cummins India Limited said, “We have been able to lower our product cost through value engineering and quality improvements. Further we are reducing our operating expenses and working capital. Six Sigma continues to be the primary approach to achieving both cost reductions, as well as increasing our partnerships with both customers and suppliers. The Company continues to invest prudently in critical technologies, products for the future, and customer relationships. It remains committed to delivering on its brand promise of Dependability.”
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