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-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
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 Audited
Segment Reporting Single segment
Description of single segment ENGINES
Start date and time of board meeting 28-May-2025   18:15:00
End date and time of board meeting 28-May-2025   19:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-05
Indicate Company website link for updated RPT policy of the Company https://www.cummins.com/en/in/investors/india-corporate-governance
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default in loan.



Financial Results Ind-AS
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 24568900000 103394000000
Other income 2119100000 6261300000
Total income 26688000000 109655300000
2 Expenses
(a) Cost of materials consumed 14328900000 59522300000
(b) Purchases of stock-in-trade 1703800000 6565300000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -595000000 -171900000
(d) Employee benefit expense 1667900000 7740000000
(e) Finance costs 51500000 151200000
(f) Depreciation, depletion and amortisation expense 457400000 1829000000
(f) Other Expenses
1 Other Expenses 2266600000 9058000000
Total other expenses 2266600000 9058000000
Total expenses 19881100000 84693900000
3 Total profit before exceptional items and tax 6806900000 24961400000
4 Exceptional items 0 0
5 Total profit before tax 6806900000 24961400000
6 Tax expense
7 Current tax 1595400000 5932000000
8 Deferred tax -2200000 -28400000
9 Total tax expenses 1593200000 5903600000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 5213700000 19057800000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 5213700000 19057800000
17 Other comprehensive income net of taxes 1300000 -127100000
18 Total Comprehensive Income for the period 5215000000 18930700000
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
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 554400000 554400000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 69625900000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 18.81 68.75
Diluted earnings (loss) per share from continuing operations 18.81 68.75
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 18.81 68.75
Diluted earnings (loss) per share from continuing and discontinued operations 18.81 68.75
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 12923100000
Capital work-in-progress 781600000
Investment property 9351500000
Goodwill 0
Other intangible assets 1362000000
Intangible assets under development 67100000
Biological assets other than bearer plants 0
Investments accounted for using equity method 252400000
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 145500000
Total non-current financial assets 145500000
Deferred tax assets (net) 0
Other non-current assets 1467500000
Total non-current assets 26350700000
2 Current assets
Inventories 10222400000
Current financial asset
Current investments 9321200000
Trade receivables, current 22924800000
Cash and cash equivalents 2349900000
Bank balance other than cash and cash equivalents 22753000000
Loans, current 0
Other current financial assets 666700000
Total current financial assets 58015600000
Current tax assets (net) 0
Other current assets 1299200000
Total current assets 69537200000
3 Non-current assets classified as held for sale 169300000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 96057200000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 554400000
Other equity 69625900000
Total equity attributable to owners of parent 70180300000
Non controlling interest
Total equity 70180300000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 738900000
Total non-current financial liabilities 738900000
Provisions, non-current 1629200000
Deferred tax liabilities (net) 912600000
Deferred government grants, Non-current 0
Other non-current liabilities 256000000
Total non-current liabilities 3536700000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 627900000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 15054500000
Total Trade payable 15682400000
Other current financial liabilities 2264300000
Total current financial liabilities 17946700000
Other current liabilities 2702000000
Provisions, current 1691500000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 22340200000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 25876900000
Total equity and liabilites 96057200000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block
Textual Information(1) Please refer quick results uploaded on the BSE and NSE website. n nThis statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 28, 2025. n nThe Board of Directors of the Company at its meeting held on February 7, 2025 had approved the sale of 100% stake in its wholly owned subsidiary, namely, Cummins Sales & Service Private Limited (“CSSPL”). Upon transfer of 100% shares to the buyer, CSSPL ceased to be a wholly owned subsidiary of the Company effective April 1, 2025. n nThe Shareholders of the Cummins Generator Technologies India Private Limited (CGT) at their Extra-ordinary General Meeting held on March 17, 2022, approved a scheme of reduction of the issued, subscribed and paid-up share capital of the CGT (the ‘Scheme’), cancelling and extinguishing, in aggregate, 7,433 equity shares of CGT (‘Capital Reduction’) as recommended by the Board of Directors in their meeting held on February 11, 2022. CGT had filed a petition with Hon’ble National Company Law Tribunal (‘NCLT’), Mumbai Bench seeking approval on the said Scheme of Capital Reduction on April 7, 2022. The NCLT has approved the reduction in share capital corresponding to 6,532 equity shares of Rs. 10 each with effect from December 18, 2024. Consequent to the reduction, the shareholding % of the Company in CGT has increased to 48.74%. n nThe amounts pertaining to the quarters ended March 31, 2025 and March 31, 2024 are the balancing amounts between the audited amounts for the year ended March 31, 2025 and March 31, 2024 and unaudited amounts for the nine months ended December 31, 2024 and December 31, 2023 respectively. n nExceptional items during the year ended March 31, 2024 pertain to expenses on account of voluntary retirement (VRP) and voluntary separation (VSP) programs announced on November 3, 2023 for eligible employees aggregating to Rs. 1.70 Cr. n nThe Board of Directors of the Company at its meeting held on May 28, 2025 recommended payment of final dividend of Rs. 33.50 per share on 277,200,000 shares of Rs. 2 each fully paid-up for the year ended March 31, 2025 (March 31, 2024: Rs. 20.00 per share). This is in addition to the interim dividend declared on February 5, 2025 of Rs. 18.00 per share on 277,200,000 shares of Rs. 2 each fully paid-up for the year ended March 31, 2025 (March 31, 2024 : Rs. 18.00 per share). n



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Standalone Standalone
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 -12300000 -192600000
Total Amount of items that will not be reclassified to profit and loss -12300000 -192600000
2 Income tax relating to items that will not be reclassified to profit or loss -3100000 -48500000
3 Amount of items that will be reclassified to profit and loss
1 Changes in the fair value of financial instruments 14000000 22700000
Total Amount of items that will be reclassified to profit and loss 14000000 22700000
4 Income tax relating to items that will be reclassified to profit or loss 3500000 5700000
5 Total Other comprehensive income 1300000 -127100000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 24961400000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 151200000
Adjustments for decrease (increase) in inventories -853600000
Adjustments for decrease (increase) in trade receivables, current -2220900000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 199200000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -284900000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 1619400000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -30400000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1829000000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 240500000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 673900000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 54100000
Adjustments for dividend income 1799500000
Adjustments for interest income 1691600000
Adjustments for share-based payments 152300000
Adjustments for fair value losses (gains) -22400000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -517000000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 40800000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -2459900000
Net cash flows from (used in) operations 22501500000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 5613800000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 16887700000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 81100000
Purchase of property, plant and equipment 2375400000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 1799500000
Interest received 1691600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -7010200000
Net cash flows from (used in) investing activities -5813400000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings -1000000000
Repayments of borrowings 0
Payments of lease liabilities 74000000
Dividends paid 10533600000
Interest paid 51300000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -11658900000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -584600000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 16800000
Net increase (decrease) in cash and cash equivalents -567800000
Cash and cash equivalents cash flow statement at beginning of period 2917700000
Cash and cash equivalents cash flow statement at end of period 2349900000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse & Co Chartered Accountants LLP Yes 30-Nov-2026


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Cummins India Limited Ajay Patil Chief Financial Officer Remuneration 44200000 Approved 30100000 0 0
2 Cummins India Limited Ashwath Ram Managing Director Remuneration 71800000 Approved 56200000 0 0
3 Cummins India Limited Vinaya Joshi Company Secretary Remuneration 5000000 Approved 3100000 0 0
4 Cummins India Limited Shveta Arya Managing Director Remuneration 38300000 Approved 35500000 0 0
5 Cummins India Limited Prasad S Kulkarni Interim Chief Financial Officer Remuneration 2800000 Approved 2800000 0 0
6 Cummins India Limited Rekha Independent Director Any other transaction Sitting fees and commission 2200000 Approved 1200000 0 0
7 Cummins India Limited Lira Goswami Independent Director Any other transaction Sitting fees and commission 3100000 Approved 1800000 0 0
8 Cummins India Limited Nasser Munjee Independent Director Any other transaction Sitting fees and commission 800000 Approved 0 0 0
9 Cummins India Limited Rajeev Bakshi Independent Director Any other transaction Sitting fees and commission 800000 Approved 0 0 0
10 Cummins India Limited Rama Bijapurkar Independent Director Any other transaction Sitting fees and commission 2900000 Approved 1500000 0 0
11 Cummins India Limited Sekhar Natarajan Independent Director Any other transaction Sitting fees and commission 2600000 Approved 1800000 0 0
12 Cummins India Limited Farokh Subedar Independent Director Any other transaction Sitting fees and commission 2400000 Approved 1700000 0 0
13 Cummins India Limited Cummins India Limited Officers Provident Fund Entities with joint control or significant influence over entity Any other transaction Contribution Paid to Trust 185100000 Approved 91300000 0 0
14 Cummins India Limited Cummins Group Employees Superannuation Scheme Entities with joint control or significant influence over entity Any other transaction Contribution Paid to Trust 206800000 Approved 101400000 0 0
15 Cummins India Limited Cummins Group Officers Gratuity Scheme Entities with joint control or significant influence over entity Any other transaction Contribution Paid to Trust 375400000 Approved 0 0 0
16 Cummins India Limited Cummins India Foundation Enterprise with common key management personnel Any other transaction Donation Paid 279500000 Approved 140600000 0 0
17 Cummins India Limited Cummins Generator Technologies India Private Limited Associate Dividend received 897000000 Approved 624000000 0 0
18 Cummins India Limited Valvoline Cummins Private Limited Joint Venture Dividend received 902500000 Approved 332500000 0 0
19 Cummins India Limited Cummins Inc. Parent Dividend paid 10533600000 Approved 4989600000 0 0
20 Cummins India Limited Tata Cummins Private Limited Enterprise with common key management personnel Purchase of goods or services 18976400000 Approved 6910400000 1175600000 1513800000
21 Cummins India Limited Cummins Technologies India Private Limited Fellow Subsidiary Purchase of goods or services 13756700000 Approved 5720100000 2864000000 3143900000
22 Cummins India Limited Cummins Inc. Parent Purchase of goods or services 4754400000 Approved 1676600000 960500000 2248300000
23 Cummins India Limited Cummins Limited Fellow Subsidiary Purchase of goods or services 2124900000 Approved 1050800000 581500000 447400000
24 Cummins India Limited Cummins Generator Technologies India Private Limited Associate Purchase of goods or services 1274700000 Approved 701400000 235400000 298600000
25 Cummins India Limited Cummins (China) Investment Co. Ltd. Fellow Subsidiary Purchase of goods or services 2650000000 Approved 993000000 570400000 599500000
26 Cummins India Limited Cummins Power Generation Inc. Fellow Subsidiary Purchase of goods or services 1683600000 Approved 588400000 620600000 521600000
27 Cummins India Limited Valvoline Cummins Private Limited Joint Venture Purchase of goods or services 650000000 Approved 297700000 108200000 119000000
28 Cummins Sales and Service Private Limited Valvoline Cummins Private Limited Joint Venture of Holding Company Purchase of goods or services 250000000 Approved 117000000 800000 4600000
29 Cummins India Limited Chongqing Cummins Engine Co Ltd Fellow Subsidiary Purchase of goods or services 364300000 Approved 181400000 2300000 0
30 Cummins India Limited Cummins Asia Pacific Pte. Ltd. Fellow Subsidiary Purchase of goods or services 2200000 Approved 1200000 1500000 2700000
31 Cummins India Limited Cummins Brasil Ltda Fellow Subsidiary Purchase of goods or services 14900000 Approved 100000 16900000 0
32 Cummins India Limited Cummins Emission Solutions Inc. Fellow Subsidiary Purchase of goods or services 347600000 Approved 327900000 11200000 8200000
33 Cummins India Limited Cummins Engine (Shanghai) Trading & Services Co., Ltd. Fellow Subsidiary Purchase of goods or services 380800000 Approved 178000000 107300000 94600000
34 Cummins India Limited Cummins Fuel System (Wuhan) Co. Ltd. Fellow Subsidiary Purchase of goods or services 49300000 Approved 2200000 25300000 200000
35 Cummins India Limited CUMMINS MAROC SARL Fellow Subsidiary Purchase of goods or services 400000 Approved 400000 0 400000
36 Cummins India Limited Cummins Natural Gas Engines, Inc. Fellow Subsidiary Purchase of goods or services 300000 Approved 300000 10200000 10300000
37 Cummins India Limited Cummins NV Fellow Subsidiary Purchase of goods or services 71200000 Approved 59800000 8300000 15900000
38 Cummins India Limited Cummins Power Generation (China) Co. Ltd. Fellow Subsidiary Purchase of goods or services 100000 Approved 100000 0 100000
39 Cummins India Limited Cummins South Pacific Pty Ltd Fellow Subsidiary Purchase of goods or services 1000000 Approved 1000000 300000 1600000
40 Cummins India Limited Consolidated Diesel Company Fellow Subsidiary Purchase of goods or services 3200000 Approved 3200000 4300000 1700000
41 Cummins India Limited Cummins Middle East FZE Fellow Subsidiary Purchase of goods or services 5000000 Approved 1200000 0 900000
42 Cummins India Limited Cummins Limited Fellow Subsidiary Sale of goods or services 9391000000 Approved 4435500000 782800000 1308200000
43 Cummins India Limited Cummins Technologies India Private Limited Fellow Subsidiary Sale of goods or services 7557400000 Approved 2924300000 1315500000 1342500000
44 Cummins India Limited CMI Group Holdings Cooperatief U.A. Fellow Subsidiary Sale of goods or services 6500000 Approved 3300000 2200000 3000000
45 Cummins India Limited CMI TR Mtr Guc Sistemleri Satis Servis Ltd Sirketi Fellow Subsidiary Sale of goods or services 219300000 Approved 107500000 58200000 29400000
46 Cummins India Limited CUMMINS ARABIA FZCO Fellow Subsidiary Sale of goods or services 228300000 Approved 143300000 77900000 73000000
47 Cummins India Limited Cummins Asia Pacific Pte. Ltd. Fellow Subsidiary Sale of goods or services 217700000 Approved 113300000 34900000 33700000
48 Cummins India Limited Cummins Belgium NV Fellow Subsidiary Sale of goods or services 384100000 Approved 287200000 70600000 163700000
49 Cummins India Limited Cummins Brasil Ltda Fellow Subsidiary Sale of goods or services 144700000 Approved 55700000 33800000 8900000
50 Cummins India Limited CUMMINS C&G HOLDING LIMITED Fellow Subsidiary Sale of goods or services 88200000 Approved 47700000 27300000 0
51 Cummins India Limited Cummins Commercializadora S. de R.L. de C.V. Fellow Subsidiary Sale of goods or services 225300000 Approved 116100000 0 0
52 Cummins India Limited Cummins DKSH (Thailand) Limited Fellow Subsidiary Sale of goods or services 41400000 Approved 13900000 300000 0
53 Cummins India Limited CUMMINS DKSH (VIETNAM) LLC Fellow Subsidiary Sale of goods or services 18800000 Approved 15200000 3600000 2500000
54 Cummins India Limited Cummins Engine (Shanghai) Trading & Services Co., Ltd. Fellow Subsidiary Sale of goods or services 900000 Approved 600000 1300000 1300000
55 Cummins India Limited Cummins France SA Fellow Subsidiary Sale of goods or services 27900000 Approved 4400000 0 0
56 Cummins India Limited Cummins Ghana Limited Fellow Subsidiary Sale of goods or services 40200000 Approved 40200000 0 200000
57 Cummins India Limited Cummins Italia SPA Fellow Subsidiary Sale of goods or services 19400000 Approved 8400000 11400000 300000
58 Cummins India Limited Cummins Middle East FZE Fellow Subsidiary Sale of goods or services 56000000 Approved 52200000 100000 100000
59 Cummins India Limited Cummins Natural Gas Engines, Inc. Fellow Subsidiary Sale of goods or services 511100000 Approved 269400000 24000000 91100000
60 Cummins India Limited Cummins Norway AS Fellow Subsidiary Sale of goods or services 10800000 Approved 10800000 0 3500000
61 Cummins India Limited Cummins NV Fellow Subsidiary Sale of goods or services 460100000 Approved 120200000 21200000 44000000
62 Cummins India Limited Cummins Power Generation (China) Co. Ltd. Fellow Subsidiary Sale of goods or services 1500000 Approved 1500000 0 2000000
63 Cummins India Limited Cummins Power Generation Inc. Fellow Subsidiary Sale of goods or services 155200000 Approved 4000000 4500000 0
64 Cummins India Limited Cummins Qatar LLC Fellow Subsidiary Sale of goods or services 120400000 Approved 88900000 20400000 34600000
65 Cummins India Limited Cummins Romania SRL Fellow Subsidiary Sale of goods or services 359700000 Approved 274300000 62300000 176500000
66 Cummins India Limited Cummins Sales and Service Philippines Inc. Fellow Subsidiary Sale of goods or services 26000000 Approved 3100000 21700000 600000
67 Cummins India Limited Cummins Sales and Service Sdn. Bhd. Fellow Subsidiary Sale of goods or services 6200000 Approved 2500000 0 0
68 Cummins India Limited Cummins Sales and Service Singapore Pte Ltd Fellow Subsidiary Sale of goods or services 3100000 Approved 3100000 100000 100000
69 Cummins India Limited Cummins Saudi Arabia LLC Fellow Subsidiary Sale of goods or services 213200000 Approved 36000000 141500000 11000000
70 Cummins India Limited Cummins South Africa (Pty.) Ltd. Fellow Subsidiary Sale of goods or services 15400000 Approved 5700000 1800000 0
71 Cummins India Limited Cummins South Pacific Pty Ltd Fellow Subsidiary Sale of goods or services 901000000 Approved 474400000 73500000 93300000
72 Cummins India Limited Cummins Spain SL Fellow Subsidiary Sale of goods or services 84600000 Approved 42600000 33900000 56500000
73 Cummins India Limited Cummins Vendas e Servicos de Motores e Geradores Ltda. Fellow Subsidiary Sale of goods or services 34700000 Approved 22300000 5200000 0
74 Cummins India Limited Cummins West Africa Limited Fellow Subsidiary Sale of goods or services 36400000 Approved 36400000 0 30800000
75 Cummins India Limited Cummins Zambia Ltd. Fellow Subsidiary Sale of goods or services 26300000 Approved 26300000 0 26300000
76 Cummins India Limited Distribuidora Cummins Centroamerica Costa Rica, S.de R.L. Fellow Subsidiary Sale of goods or services 40000000 Approved 26000000 0 0
77 Cummins India Limited Distribuidora Cummins Centroamerica Honduras, S.de R.L. Fellow Subsidiary Sale of goods or services 109800000 Approved 33000000 19300000 0
78 Cummins India Limited Distribuidora Cummins S.A. Fellow Subsidiary Sale of goods or services 4100000 Approved 4100000 0 0
79 Cummins India Limited Taiwan Cummins Sales & Services Co. Ltd. Fellow Subsidiary Sale of goods or services 21000000 Approved 7700000 0 0
80 Cummins India Limited Tata Cummins Private Limited Enterprise with common key management personnel Sale of goods or services 405300000 Approved 92600000 80100000 125600000
81 Cummins India Limited Cummins Inc. Parent Sale of goods or services 1968800000 Approved 575300000 168100000 208700000
82 Cummins India Limited Cummins Inc. Parent Purchase of fixed assets 700000000 Approved 15100000 876600000 173900000
83 Cummins India Limited Cummins Limited Fellow Subsidiary Purchase of fixed assets 470000000 Approved 41900000 0 0
84 Cummins India Limited Cummins Technologies India Private Limited Fellow Subsidiary Purchase of fixed assets 106000000 Approved 37300000 0 0
85 Cummins India Limited Valvoline Cummins Private Limited Joint Venture Purchase of fixed assets 100000 Approved 0 0 0
86 Cummins India Limited Cummins Power Solutions India Private Limited Fellow Subsidiary Sale of fixed assets 100000000 Approved 81100000 0 51600000
87 Cummins India Limited Valvoline Cummins Private Limited Joint Venture Sale of goods or services 702500000 Approved 333100000 372300000 182400000
88 Cummins India Limited Cummins Generator Technologies India Private Limited Associate Sale of goods or services 46000000 Approved 10500000 60500000 74300000
89 Cummins India Limited Cummins Power Solutions India Private Limited Fellow Subsidiary Sale of goods or services 50000000 Approved 8300000 2000000 15500000
90 Cummins India Limited TCPL Green Energy Solutions Private Limited Fellow Subsidiary Sale of goods or services 50000000 Approved 27400000 200000 31300000
91 Cummins India Limited Cummins PowerTech India Private Limited Fellow Subsidiary Sale of goods or services 10000000 Approved 300000 0 300000
92 Cummins India Limited Hydrogenics Europe N.V. Fellow Subsidiary Sale of goods or services 10000000 Approved 800000 4100000 800000
93 Cummins India Limited Cummins Africa Middle East (Pty) Ltd. Fellow Subsidiary Purchase of goods or services 100000000 Approved 66800000 15400000 64800000
94 Cummins India Limited Cummins Inc. Parent Any other transaction Royalty 1375000000 Approved 372200000 526000000 627900000
95 Cummins India Limited Cummins Technologies India Private Limited Fellow Subsidiary Any other transaction Reimbursements Paid 1836800000 Approved 723700000 10400000 0
96 Cummins India Limited Cummins Inc. Parent Any other transaction Reimbursements Paid 276000000 Approved 97800000 0 11400000
97 Cummins India Limited Cummins Generator Technologies India Private Limited Associate Any other transaction Reimbursements Paid 20000000 Approved 4900000 0 0
98 Cummins India Limited Cummins Power Solutions India Private Limited Fellow Subsidiary Any other transaction Reimbursements Paid 20000000 Approved 9300000 0 0
99 Cummins India Limited Tata Cummins Private Limited Enterprise with common key management personnel Any other transaction Reimbursements Paid 80000000 Approved 2800000 36300000 0
100 Cummins India Limited Cummins Limited Fellow Subsidiary Any other transaction Reimbursements Paid 100000000 Approved 32500000 0 0
101 Cummins India Limited Cummins Power Generation Inc. Fellow Subsidiary Any other transaction Reimbursements Paid 50000000 Approved 21100000 0 0
102 Cummins India Limited Cummins Technologies India Private Limited Fellow Subsidiary Any other transaction Reimbursements Received 1678500000 Approved 518100000 0 0
103 Cummins India Limited Cummins Generator Technologies India Private Limited Associate Any other transaction Reimbursements Received 218500000 Approved 98300000 300000 0
104 Cummins India Limited Cummins Power Solutions India Private Limited Fellow Subsidiary Any other transaction Reimbursements Received 30000000 Approved -10300000 0 0
105 Cummins India Limited Tata Cummins Private Limited Enterprise with common key management personnel Any other transaction Reimbursements Received 387200000 Approved 92900000 29400000 45500000
106 Cummins India Limited Cummins Inc. Parent Any other transaction Reimbursements Received 316500000 Approved 120800000 33800000 84200000
107 Cummins India Limited Cummins India Foundation Enterprise with common key management personnel Any other transaction Reimbursements Received 50000000 Approved 21500000 0 0
108 Cummins India Limited Cummins Limited Fellow Subsidiary Any other transaction Reimbursements Received 42500000 Approved 3500000 0 0
109 Cummins India Limited Cummins Power Generation Inc. Fellow Subsidiary Any other transaction Reimbursements Received 10000000 Approved 900000 0 0
110 Cummins India Limited Cummins Power Generation Limited UK Fellow Subsidiary Any other transaction Reimbursements Received 20000000 Approved -14700000 0 0
111 Cummins India Limited Hydrogenics Europe N.V. Fellow Subsidiary Any other transaction Reimbursements Received 10000000 Approved 700000 0 800000
112 Cummins India Limited Valvoline Cummins Private Limited Joint Venture Any other transaction Reimbursements Received 10000000 Approved 700000 2400000 0
113 Cummins India Limited AxleTech India Private Limited Fellow Subsidiary Any other transaction Reimbursements Received 10000000 Approved 100000 0 0
114 Cummins India Limited Meritor Commercial Vehicle Systems India Private Limited Fellow Subsidiary Any other transaction Reimbursements Received 10000000 Approved 300000 0 0
115 Cummins India Limited Meritor HVS (India) Limited Fellow Subsidiary Any other transaction Reimbursements Received 10000000 Approved 100000 0 100000
116 Cummins India Limited TCPL Green Energy Solutions Private Limited Fellow Subsidiary Any other transaction Reimbursements Received 10000000 Approved 0 0 100000
117 Cummins India Limited Cummins Inc. Parent Any other transaction Equity Contribution from Parent 152300000 Approved 77100000 0 0
118 Cummins India Limited Cummins Japan Limited Fellow Subsidiary Purchase of goods or services -1700000 Approved -1700000 0 0
119 Cummins India Limited Cummins Sales and Service Private Limited Wholly Owned Subsidiary Purchase of goods or services 436600000 Approved 363600000 0 0
120 Cummins India Limited Cummins Sales and Service Private Limited Wholly Owned Subsidiary Sale of goods or services 1386400000 Approved 1080700000 0 0
121 Cummins India Limited Cummins Sales and Service Private Limited Wholly Owned Subsidiary Any other transaction Reimbursements Paid 59600000 Approved 51400000 0 0
122 Cummins India Limited Cummins Sales and Service Private Limited Wholly Owned Subsidiary Any other transaction Reimbursements Received 30000000 Approved 24700000 0 0
123 Cummins Sales and Service Private Limited Cummins Technologies India Private Limited Fellow Subsidiary Sale of goods or services Not Applicable 3700000 100000 2200000
124 Cummins Sales and Service Private Limited Cummins Inc. Ultimate Holding Company Purchase of fixed assets Not Applicable 200000 0 0
125 Cummins Sales and Service Private Limited Cummins Technologies India Private Limited Fellow Subsidiary Purchase of goods or services Not Applicable 300000 0 100000
126 Cummins India Limited Cummins Africa Middle East (Pty) Ltd. Fellow Subsidiary Purchase of goods or services Approved 0 0 12800000
127 Cummins India Limited Cummins Deutschland GmbH Fellow Subsidiary Purchase of goods or services Approved 0 200000 200000
128 Cummins India Limited Cummins South Africa (Pty.) Ltd. Fellow Subsidiary Purchase of goods or services Approved 0 400000 400000
129 Cummins India Limited Cummins West Africa Limited Fellow Subsidiary Purchase of goods or services Approved 0 8700000 6900000
130 Cummins India Limited Cummins Comercializadora S. De R.L. De C.V. Fellow Subsidiary Purchase of goods or services Approved 0 0 0
131 Cummins India Limited Cummins Power Generation Limited UK Fellow Subsidiary Purchase of goods or services Approved 0 106700000 108800000
132 Cummins India Limited Cummins Power Solutions India Private Limited Fellow Subsidiary Purchase of goods or services Approved 0 0 9100000
133 Cummins India Limited Cummins Westport Inc. Fellow Subsidiary Sale of goods or services Approved 0 400000 400000
134 Cummins India Limited Distribuidora Cummins Centroamerica Guatemala Ltda. Fellow Subsidiary Sale of goods or services Approved 0 300000 300000
135 Cummins India Limited Cummins (China) Investment Co. Ltd. Fellow Subsidiary Sale of goods or services Approved 0 0 0
136 Cummins India Limited Komatsu Cummins Chile Ltda. Fellow Subsidiary Sale of goods or services Approved 0 162400000 153800000
137 Cummins India Limited Cummins Comercializadora S. De R.L. De C.V. Fellow Subsidiary Sale of goods or services Approved 0 300000 300000
138 Cummins India Limited Meritor Commercial Vehicle Systems India Private Limited Fellow Subsidiary Sale of goods or services Approved 0 0 300000
139 Cummins India Limited AxleTech India Private Limited Fellow Subsidiary Sale of goods or services Approved 0 0 100000
140 Cummins India Limited CUMMINS C&G HOLDINGS LIMITED Fellow Subsidiary Sale of goods or services Approved 0 0 21700000
141 Cummins India Limited CUMMINS C&G LIMITED Fellow Subsidiary Sale of goods or services Approved 0 0 4900000
142 Cummins India Limited Cummins (Xiangyang) Eng Remanfg Co. Ltd. Fellow Subsidiary Sale of goods or services Approved 0 0 0
143 Cummins India Limited Cummins Japan Limited Fellow Subsidiary Sale of goods or services Approved 0 100000 100000
144 Cummins India Limited Cummins Kuwait Electrical Tools and Equipment Trading and Cont. Fellow Subsidiary Sale of goods or services Approved 0 56500000 118600000
145 Cummins India Limited Cummins Sales and Service Philippines Inc. Fellow Subsidiary Purchase of goods or services Approved 0 -400000 -400000
146 Cummins India Limited Cummins Sales and Service Korea Co. Ltd. Fellow Subsidiary Purchase of goods or services Approved 0 -100000 -100000
147 Cummins India Limited Cummins East Asia Research and Development Company Ltd. Fellow Subsidiary Sale of goods or services Approved 0 -200000 -200000
Total value of transaction during the reporting period 40076100000