Engines maker, Cummins India Ltd, has posted a net profit of Rs 212 crore during the first quarter of FY15 against Rs 166 crore in Q1 FY 14, representing a rise of 27.7 per cent year-on-year.
The net profit was however, boosted by the profit on sale of long-term investments of Rs 82.63 crore, which is non-recurring, according to the company's financial results announced today.
Income from operations in the two quarters beings compared stood marginally lower this year at Rs 1,045.1 crore versus Rs 1,049.33 crore in the same period last year.