Cummins genset price increased
The Power Generation Business of Cummins India announced a price increase of up to three per cent for its diesel generator sets and generator set engines in the range of 7.5 kVA and 3,000 kVA, owing to the current industry dynamics and projected market conditions. Cummins powered generator sets, transfer switches and paralleling systems are used for continuous, prime and standby power in a variety of commercial and industrial applications. Cummins Power Generation said it will continue to deliver the highest quality and value to its customers while remaining competitive in the market. Meanwhile, Cummins India (CIL) reported a marginal increase in its net sales for the year 2011-12, compared to the previous year. For the year ended 31 March 2012, net sales of the company were Rs 4,052 crore, an increase of 2.6 per cent over the last year.  Net profit before tax was Rs 825 crore (including extraordinary income of Rs 51 crore), representing a 2.8 per cent increase over the last year.