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Engine makers, quarter by quarter

The companies differ a lot in size, so each chart below has its own scale. Read the tables for like-for-like numbers.

Revenue, ₹ crore

CompanyDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Cummins India3,0962,4702,9073,1703,0553,0113,426–
Kirloskar Oil Engines1,4541,7531,7641,9481,8732,1162,000–
Greaves Cotton7518237458158751,000974–
Swaraj Engines346454484504473546588635

Consolidated where filed every quarter, standalone otherwise. A dash means not reported yet.

Net margin

Net profit as a share of revenue
CompanyDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Cummins India18.0%21.4%20.8%19.6%15.9%21.6%17.8%–
Kirloskar Oil Engines4.7%7.2%7.9%8.2%5.8%7.3%5.6%–
Greaves Cotton0.9%0.2%2.8%0.8%0.7%0.2%0.6%–
Swaraj Engines9.2%10.0%10.3%9.9%8.9%10.0%9.4%9.5%

Consolidated where filed every quarter, standalone otherwise. A dash means not reported yet.

Revenue trend, last 12 quarters

Cummins India

consolidated

02,0004,000Q2 FY24 (Sep 2023): ₹1,921.55 croreQ3 FY24 (Dec 2023): ₹2,541.38 croreQ4 FY24 (Mar 2024): ₹2,319.02 croreMar 24Q1 FY25 (Jun 2024): ₹2,315.56 croreQ2 FY25 (Sep 2024): ₹2,508.60 croreQ3 FY25 (Dec 2024): ₹3,096.15 croreQ4 FY25 (Mar 2025): ₹2,470.38 croreMar 25Q1 FY26 (Jun 2025): ₹2,906.82 croreQ2 FY26 (Sep 2025): ₹3,170.27 croreQ3 FY26 (Dec 2025): ₹3,054.92 croreQ4 FY26 (Mar 2026): ₹3,011.18 croreMar 26Q1 FY27 (Jun 2026): ₹3,426.01 crore3,426

₹ crore per quarter. Hover or tap a bar for the figure.

Kirloskar Oil Engines

consolidated

01,0002,0003,000Q2 FY24 (Sep 2023): ₹1,304.83 croreQ3 FY24 (Dec 2023): ₹1,390.10 croreQ4 FY24 (Mar 2024): ₹1,660.02 croreMar 24Q1 FY25 (Jun 2024): ₹1,635.55 croreQ2 FY25 (Sep 2024): ₹1,500.32 croreQ3 FY25 (Dec 2024): ₹1,453.70 croreQ4 FY25 (Mar 2025): ₹1,752.89 croreMar 25Q1 FY26 (Jun 2025): ₹1,763.80 croreQ2 FY26 (Sep 2025): ₹1,948.38 croreQ3 FY26 (Dec 2025): ₹1,872.60 croreQ4 FY26 (Mar 2026): ₹2,116.23 croreMar 26Q1 FY27 (Jun 2026): ₹1,999.53 crore2,000

₹ crore per quarter. Hover or tap a bar for the figure.

Greaves Cotton

consolidated

05001,0001,500Q2 FY24 (Sep 2023): ₹726.69 croreQ3 FY24 (Dec 2023): ₹665.38 croreQ4 FY24 (Mar 2024): ₹672.53 croreMar 24Q1 FY25 (Jun 2024): ₹639.70 croreQ2 FY25 (Sep 2024): ₹705.31 croreQ3 FY25 (Dec 2024): ₹750.60 croreQ4 FY25 (Mar 2025): ₹822.83 croreMar 25Q1 FY26 (Jun 2025): ₹745.43 croreQ2 FY26 (Sep 2025): ₹815.46 croreQ3 FY26 (Dec 2025): ₹875.47 croreQ4 FY26 (Mar 2026): ₹1,000.26 croreMar 26Q1 FY27 (Jun 2026): ₹974.12 crore974

₹ crore per quarter. Hover or tap a bar for the figure.

Swaraj Engines

standalone

0250500750Q3 FY24 (Dec 2023): ₹279.55 croreQ4 FY24 (Mar 2024): ₹350.96 croreMar 24Q1 FY25 (Jun 2024): ₹417.99 croreQ2 FY25 (Sep 2024): ₹464.24 croreQ3 FY25 (Dec 2024): ₹345.50 croreQ4 FY25 (Mar 2025): ₹454.16 croreMar 25Q1 FY26 (Jun 2025): ₹484.10 croreQ2 FY26 (Sep 2025): ₹504.04 croreQ3 FY26 (Dec 2025): ₹473.20 croreQ4 FY26 (Mar 2026): ₹545.79 croreMar 26Q1 FY27 (Jun 2026): ₹588.39 croreQ2 FY27 (Sep 2026): ₹635.19 crore635

₹ crore per quarter. Hover or tap a bar for the figure.