CUMMINSIND2019-07-012019-09-30in-bse-fin:OneOperatingExpenses01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:FourOperatingExpenses01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue02Member CUMMINSIND2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue02Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults02Member CUMMINSIND2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults02Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets02Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CUMMINSIND2019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CUMMINSIND2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member CUMMINSIND2019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares CUMMINSIND 2019-04-01 2020-03-31 2019-10-14 INR Lakhs Half yearly Multi segment 2019-07-01 2019-09-30 Unaudited Consolidated 13209200000.00 645100000.00 13854300000.00 6883200000.00 1947100000.00 -272200000.00 1451200000.00 57300000.00 297500000.00 1663400000.00 12027500000.00 1826800000.00 0.00 1826800000.00 285700000.00 41300000.00 327000000.00 0.00 1499800000.00 0.00 0.00 0.00 329500000.00 1829300000.00 -34000000.00 1795300000.00 1829300000.00 0.00 1795300000.00 0.00 554400000.00 2 6.60 6.60 0.00 0.00 6.60 6.60 1) This statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 24, 2019. n2)tThe Consolidated financial results include results of the following companies n nName of the CompanytAs at September 30, 2019tAs at June 30, 2019tAs at March 31, 2019tAs at September 30, 2018 n t% holdingtConsolidated ast% holdingtConsolidated ast% holdingtConsolidated ast% holdingtConsolidated as nCummins Sales & Service Private Limitedt100%tSubsidiaryt100%tSubsidiaryt100%tSubsidiaryt100%tSubsidiary nCummins Generator Technologies India Private Limitedt48.54%tAssociatet48.54%tAssociatet48.54%tAssociatet48.54%tAssociate nValvoline Cummins Private Limitedt50%tJoint Venturet50%tJoint Venturet50%tJoint Venturet50%tJoint Venture nCummins Research and Technology India Private Limitedt50%tJoint Venturet50%tJoint Venturet50%tJoint Venturet50%tJoint Venture n n3)The Ministry of Corporate Affairs has notified Ind AS 116 Leases , with effect from April 1, 2019. The Group has applied the standard to lease contracts existing on April 1, 2019 using modified retrospective method. Accordingly, comparative amounts for year ended March 31, 2019 have not been retrospectively adjusted. Adoption of the new standard has resulted in recognition of Right-of-Use asset (ROU) and lease liability, and did not have any significant impact on the standalone and consolidated financial results for the quarter and half year ended September 30, 2019. n n4)The Government of India introduced Taxation Laws (Amendment) Ordinance, 2019 (The Ordinance) on September 20, 2019. Tax expenses for the quarter and half year ended September 30, 2019 reflect changes made vide the Ordinance, as applicable to the Group/Company. n n5)The consolidated amounts for the quarter and half year ended September 30, 2018, as reported in the unaudited consolidated financial results, have not been subjected to limited review by the auditors. 2019-04-01 2019-09-30 Unaudited Consolidated 26726400000.00 1275500000.00 28001900000.00 13761000000.00 3793900000.00 -115700000.00 2867700000.00 111100000.00 593100000.00 3366800000.00 24377900000.00 3624000000.00 0.00 3624000000.00 818400000.00 87700000.00 906100000.00 0.00 2717900000.00 0.00 0.00 0.00 637000000.00 3354900000.00 -64600000.00 3290300000.00 3354900000.00 0.00 3290300000.00 0.00 554400000.00 2 12.10 12.10 0.00 0.00 12.10 12.10 Other Expenses 1663400000.00 Other Expenses 3366800000.00 Engines 12973000000.00 Lubes 3016000000.00 Engines 26224100000.00 Lubes 6618100000.00 15989000000.00 32842200000.00 3016000000.00 6618100000.00 12973000000.00 26224100000.00 Engines 2004000000.00 Lubes 197600000.00 Engines 3953900000.00 Lubes 393800000.00 2201600000.00 4347700000.00 45300000.00 86700000.00 2156300000.00 4261000000.00 Engines 62086300000.00 Lubes 0.00 62086300000.00 Engines 19313600000.00 Lubes 0.00 19313600000.00 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 standard. The CODM evaluates the Group's 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. nFollowing information is provided to the CODM for Lubes segment for monitoring its performance: n ntttt(Rs Lacs) nParticularstQuarter ended September 30, 2019tQuarter ended September 30, 2019tElimination/ AdjustmentstTotal n tEngines tLubes t t nSalest 1,29,730 t 30,160 t 30,160 t 1,29,730 nProfit before taxt 19,586 t 4,339 t 2,362 t 21,563 nProfit after tax t 16,316 t 3,954 t 1,977 t 18,293 ntttt ntttt(Rs Lacs) nParticularstQuarter ended June 30, 2019tQuarter ended June 30, 2019tElimination/ AdjustmentstTotal n tEngines tLubes t t nSalest 1,32,511 t 36,021 t 36,021 t 1,32,511 nProfit before taxt 19,086 t 6,028 t 4,067 t 21,047 nProfit after tax t 13,295 t 3,922 t 1,961 t 15,256 ntttt ntttt(Rs Lacs) nParticularstQuarter ended September 30, 2018tQuarter ended September 30, 2018tElimination/ AdjustmentstTotal n(Note 8) n tEngines tLubes t t nSalest 1,46,165 t 28,345 t 28,345 t 1,46,165 nProfit before taxt 28,411 t 2,850 t 1,926 t 29,335 nProfit after tax t 19,541 t 1,847 t 923 t 20,465 n ntttt(Rs Lacs) nParticularstHalf year ended September 30, 2019tHalf year ended September 30, 2019tElimination/ AdjustmentstTotal n tEnginestLubes t t nSalest 2,62,241 t 66,181 t 66,181 t 2,62,241 nProfit before taxt 38,672 t 10,367 t 6,429 t 42,610 nProfit after tax t 29,611 t 7,876 t 3,938 t 33,549 ntttt ntttt(Rs. Lacs) nParticularstHalf year ended September 30, 2018tHalf year ended September 30, 2018tElimination/ AdjustmentstTotal n(Note 8) n tEnginestLubes t t nSalest 2,76,723 t 62,348 t 62,348 t 2,76,723 nProfit before taxt 52,473 t 8,543 t 5,751 t 55,265 nProfit after tax t 36,088 t 5,583 t 2,791 t 38,880 ntttt(Rs.Lacs) nParticularstYear ended March 31, 2019tYear ended March 31, 2019tElimination/ AdjustmentstTotal n tEngines tLubes t t nSalest 5,56,455 t 1,33,276 t 1,33,276 t 5,56,455 nProfit before taxt 1,00,131 t 20,758 t 14,000 t 1,06,889 nProfit after tax t 67,503 t 13,516 t 6,758 t 74,261 nThe above numbers pertaining to lubes represent full numbers in the Statement of Profit and Loss of Valvoline Cummins Private Limited and are not Group's proportionate share.