What was the total dividend declared for FY26?

The total dividend for the year is ₹66 per share. This includes an interim dividend and a final dividend of ₹46 per share.

How did the engine segment perform during the year?

The engine segment drove the company's growth, with profit before tax rising to ₹2,973 crore from ₹2,492 crore in the previous year.

What exceptional items affected the annual results?

The company recorded a ₹94.2 crore charge for labour code implementation, which was partially offset by a ₹44.2 crore gain from selling its subsidiary, Cummins Sales & Service.

How do the FY26 results compare to the previous year?

Revenue grew by 17% to ₹11,950 crore, while net profit increased by 22% to ₹2,330 crore.

Earnings · Diesel Engines · Mega cap

Cummins India lifts dividend to ₹66 as annual profit climbs 22%

The engine maker reported FY26 revenue of ₹11,950 crore, with a final dividend payout of ₹46 per share following a year of strong growth.

CUMMINSIND 27 May 2026 · 2:24 PM IST Verify on BSE · NSE

Mkt cap₹1.66 lakh cr

P/E74.23×

ROE26.45%

Debt / eq.0.00

Div yld0.95%

₹2,330 cr Net profit for the year ended March 31, 2026.

What's new

Annual revenue grew 17% to ₹11,950 crore.
Net profit rose 22% to ₹2,330 crore.
Total dividend payout for the year hit ₹66 per share.

Why this matters

Cummins India is delivering consistent growth in its core engine segment. The decision to hike the final dividend to ₹46 per share, up from ₹33.50, signals strong cash generation that outweighs the impact of one-time labour code costs.

What we're watching

Margin sustainability as the engine segment scales.
Impact of the subsidiary sale on future operational focus.
Whether the dividend payout ratio remains elevated in FY27.

The full read

Cummins India closed the year ended March 31, 2026, with a 22% jump in net profit to ₹2,330 crore. Revenue reached ₹11,950 crore, a 17% increase over the previous year. The core engine segment provided the momentum, with profit before tax climbing to ₹2,973 crore from ₹2,492 crore. The board rewarded shareholders with a final dividend of ₹46 per share, pushing the total annual payout to ₹66 per share. This is a clear step up from last year's ₹33.50 final dividend. The financials were impacted by a ₹94.2 crore exceptional charge for labour code implementation, though this was softened by a ₹44.2 crore gain from the sale of subsidiary Cummins Sales & Service. The company is effectively converting its engine-segment strength into shareholder returns.

Questions answered

What was the total dividend declared for FY26?: The total dividend for the year is ₹66 per share. This includes an interim dividend and a final dividend of ₹46 per share.
How did the engine segment perform during the year?: The engine segment drove the company's growth, with profit before tax rising to ₹2,973 crore from ₹2,492 crore in the previous year.
What exceptional items affected the annual results?: The company recorded a ₹94.2 crore charge for labour code implementation, which was partially offset by a ₹44.2 crore gain from selling its subsidiary, Cummins Sales & Service.
How do the FY26 results compare to the previous year?: Revenue grew by 17% to ₹11,950 crore, while net profit increased by 22% to ₹2,330 crore.

Mentioned: Cummins India Ltd. · Cummins Sales & Service

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.