Cummins India says Q2 margins hit by commodity and freight costs
In short
Cummins India said its Q2 FY27 margins were hurt by rising commodity costs and higher freight charges. The company also said a change in product mix weighed on margins.
What the reporting says
Cummins India said its Q2 FY27 margin performance was affected by commodity cost inflation and higher freight costs, with a change in product mix also weighing on margins.
Why it matters
Cummins India reported that commodity cost inflation, higher freight costs and a change in product mix hurt its Q2 FY27 margin performance.