Integrated Filing — IndAS



General information about company

Scrip Code 500480
NSE Symbol CUMMINSIND
MSEI Symbol NOTLISTED
ISIN INE298A01020
Name of company Cummins India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 04-02-2026   18:18:00
End date and time of board meeting 04-02-2026   19:10:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,05,492.00 9,13,201.00
Other income 11,598.00 37,263.00
Total income 3,17,090.00 9,50,464.00
2 Expenses
(a) Cost of materials consumed 1,67,617.00 5,25,700.00
(b) Purchases of stock-in-trade 20,027.00 61,133.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2,208.00 (12,585.00)
(d) Employee benefit expense 20,030.00 59,833.00
(e) Finance costs 478.00 998.00
(f) Depreciation, depletion and amortisation expense 5,036.00 14,747.00
(f) Other Expenses
1 Other Expenses 32,163.00 83,844.00
Total other expenses 32,163.00 83,844.00
Total expenses 2,47,559.00 7,33,670.00
3 Total profit before exceptional items and tax 69,531.00 2,16,794.00
4 Exceptional items (12,654.00) (11,395.00)
5 Total profit before tax 56,877.00 2,05,399.00
6 Tax expense
7 Current tax 14,597.00 52,578.00
8 Deferred tax (651.00) (385.00)
9 Total tax expenses 13,946.00 52,193.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 42,931.00 1,53,206.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 5,675.00 18,023.00
16 Total profit (loss) for period 48,606.00 1,71,229.00
17 Other comprehensive income net of taxes 24.00 1,467.00
18 Total Comprehensive Income for the period 48,630.00 1,72,696.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 48,630.00 1,72,696.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 5,544.00 5,544.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 17.53 61.77
Diluted earnings (loss) per share from continuing operations 17.53 61.77
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 17.53 61.77
Diluted earnings (loss) per share from continuing and discontinued operations 17.53 61.77
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Please refer quick results uploaded on the BSE and NSE website. Exceptional items during the nine months ended December 31, 2025 pertain to gain on sale of 100 percent stake in its wholly owned subsidiary, namely, Cummins Sales and Service Private Limited CSSPL amounting to Rs. 12.59 Cr. and Rs. 44.15 Cr. in consolidated financial results and standalone financial results respectively. Consequent to the transfer of 100 percent of its shares, CSSPL ceased to be a subsidiary of the Company effective April 1, 2025, pursuant to the requisite approvals. With effect from December 18, 2024, the Companys shareholding in Cummins Generator Technologies India Private Limited CGT increased from 48.54 percent to 48.74 percent, pursuant to the approval by the National Company Law Tribunal (NCLT) of the scheme for reduction of share capital of CGT. The scheme was approved by the Board of Directors of CGT on February 11, 2022 and by its shareholders on March 17, 2022. This statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 4, 2026. Operating segment information On a review of all the relevant aspects including, in particular, the system of internal financial reporting to the Board of Directors, which is the Chief Operating Decision Maker CODM, and considering the economic characteristics of the operations, the Group is of the view that it operates in two segments viz. Engines and Lubes. Lubes segment comprises of a joint venture viz. Valvoline Cummins Private Limited, which is accounted for as per equity method under relevant Ind AS. The CODM evaluates the Groups performance based on an analysis of various parameters. Engine segment comprises of Cummins India Limited and other Group Companies which have been aggregated considering the nature of products, class of customer etc. The Government of India, on November 21, 2025, notified the four Labour Codes Code on Wages, 2019 Industrial Relations Code, 2020 Code on Social Security, 2020 and Occupational Safety, Health and Working Conditions Code, 2020 subsuming 29 existing labour laws. The incremental impact of the initial assessment based on best available information, arising mainly from the revised wage definition amounts to gratuity of Rs 124 crore and long-term compensated absences of Rs 3 crore. As this impact is material, regulatory-driven, and non-recurring, the same is presented under Exceptional Items in the consolidated and standalone financial results for the quarter and nine months ended December 31, 2025. The incremental impact on the share of profit of associate and joint venture amounting to Rs 4 crore and Rs 6 crore respectively, has been considered under Share of profit of joint venture and associate after tax in the Consolidated Financial Statements. The Company continues to monitor further regulatory updates and will recognise additional impacts, if any, in subsequent periods. The Board of Directors of the Company at its meeting held on February 4, 2026 declared an interim dividend of Rs 20 per equity share on 277,200,000 shares of Rs 2 each fully paid-up for the financial year 2025 26.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Engines 3,00,624.00 8,98,653.00
2 Lubes 73,394.00 2,08,774.00
Total Segment Revenue 3,74,018.00 11,07,427.00
Less: Inter segment revenue 73,394.00 2,08,774.00
Revenue from operations 3,00,624.00 8,98,653.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Engines 60,784.00 2,16,815.00
2 Lubes 1,768.00 6,607.00
Total Profit before tax 62,552.00 2,23,422.00
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 62,552.00 2,23,422.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Engines 11,11,089.00 11,11,089.00
2 Lubes 0.00 0.00
Total Segment Asset 11,11,089.00 11,11,089.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 11,11,089.00 11,11,089.00
4 Segment Liabilities
Segment Liabilities
1 Engines 2,72,707.00 2,72,707.00
2 Lubes 0.00 0.00
Total Segment Liabilities 2,72,707.00 2,72,707.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 2,72,707.00 2,72,707.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Please refer quick results uploaded on the BSE and NSE website. Operating segment information On a review of all the relevant aspects including, in particular, the system of internal financial reporting to the Board of Directors, which is the Chief Operating Decision Maker CODM, and considering the economic characteristics of the operations, the Group is of the view that it operates in two segments viz. Engines and Lubes. Lubes segment comprises of a joint venture viz. Valvoline Cummins Private Limited, which is accounted for as per equity method under relevant Ind AS. The CODM evaluates the Groups performance based on an analysis of various parameters. Engine segment comprises of Cummins India Limited and other Group Companies which have been aggregated considering the nature of products, class of customer etc.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement (loss) / gain on defined benefit plans 176.00 1,895.00
2 Share in joint venture's and associate's OCI after tax (net) 9.00 59.00
Total Amount of items that will not be reclassified to profit and loss 185.00 1,954.00
2 Income tax relating to items that will not be reclassified to profit or loss 44.00 477.00
3 Amount of items that will be reclassified to profit and loss
1 Changes in the fair value of financial instruments (156.00) (13.00)
Total Amount of items that will be reclassified to profit and loss (156.00) (13.00)
4 Income tax relating to items that will be reclassified to profit or loss (39.00) (3.00)
5 Total Other comprehensive income 24.00 1,467.00