CUMMINSIND2022-10-012022-12-31 CUMMINSIND2022-10-012022-12-31 CUMMINSIND2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member CUMMINSIND2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member CUMMINSIND2022-12-31 CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue01Member CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue02Member CUMMINSIND2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue01Member CUMMINSIND2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue02Member CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults01Member CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults02Member CUMMINSIND2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults01Member CUMMINSIND2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults02Member CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets01Member CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets02Member CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member CUMMINSIND2022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member CUMMINSIND2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member CUMMINSIND2022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500480 CUMMINSIND NOTLISTED Cummins India Limited Equity 2022-04-01 2023-03-31 2023-02-08 2023-01-25 INR Crores Third quarter 18:15:00 20:05:00 2023-02-08 2023-02-08 Not applicable Multi segment 2022-10-01 2022-12-31 Unaudited Consolidated 21850400000.00 848500000.00 22698900000.00 11716600000.00 2007900000.00 669600000.00 1658700000.00 28400000.00 347300000.00 1666600000.00 18095100000.00 4603800000.00 0.00 4603800000.00 1124500000.00 64500000.00 1189000000.00 0.00 3414800000.00 0.00 0.00 0.00 723200000.00 4138000000.00 3400000.00 4141400000.00 4138000000.00 0.00 4141400000.00 0.00 55440000000.00 2 14.93 14.93 0.00 0.00 14.93 14.93 0.00 0.00 0.00 1. This statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 08, 2023 2. 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 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. 3. Exceptional items during the nine months ended December 31, 2022 pertain to expenses on account of Voluntary Retirement Scheme (‘VRS’ or the ‘Scheme’) aggregating to Rs 14.30 Cr. 4. Exceptional items during the nine months ended December 31, 2021 and year ended March 31, 2022 comprise gain on sale of property aggregating to Rs 132.36 Cr. 5. The Board of Directors of the Company at their meeting held on February 08, 2023 declared an interim dividend of Rs 12 per equity share on 277,200,000 shares of Rs 2 each fully paid-up for the financial year 2022-23. 6. The Board of directors of Cummins Research and Technology India Private Limited (‘CRTI’) at its meeting held on March 21, 2016, had decided to cease operations of CRTI. Accordingly, it ceased its operations from April 1, 2016. The shareholders of CRTI, in their extra-ordinary general meeting held on April 1, 2022, passed a resolution to initiate voluntary winding-up of CRTI under Companies Act, 2013 and Insolvency and Bankruptcy Code, 2016. Accordingly, the control over and operations of CRTI have been handed over to a registered Insolvency Professional effective from April 1, 2022, in accordance with the applicable statutory provisions. 7. Government of India's Code for Social Security 2020 (the 'Code') received assent from the President in September 2020. However, the date from when the Code will become applicable and the Rules have not yet been notified. The Group will assess the impact of the Code and account for the same once the effective date and the rules are notified. Multi segment 2022-04-01 2022-12-31 Unaudited Consolidated 58382400000.00 2207000000.00 60589400000.00 33866500000.00 5704200000.00 -264100000.00 4878300000.00 95800000.00 1044300000.00 5021200000.00 50346200000.00 10243200000.00 -143000000.00 10100200000.00 2582900000.00 93600000.00 2676500000.00 0.00 7423700000.00 0.00 0.00 0.00 1368700000.00 8792400000.00 -9600000.00 8782800000.00 8792400000.00 0.00 8782800000.00 0.00 55440000000.00 2 31.72 31.72 0.00 0.00 31.72 31.72 0.00 0.00 0.00 Other Expenses 1666600000.00 Other Expenses 5021200000.00 Engines 21489900000.00 Lubes 6185210000.00 Engines 57439500000.00 Lubes 15681710000.00 27675110000.00 73121210000.00 6185210000.00 15681710000.00 21489900000.00 57439500000.00 Engines 5027800000.00 Lubes 299200000.00 Engines 10905800000.00 Lubes 563100000.00 5327000000.00 11468900000.00 0.00 0.00 Pleases refer quick results for detailed reference. 5327000000.00 11468900000.00 Engines 79679500000.00 Lubes 0.00 79679500000.00 Engines 22314500000.00 Lubes 0.00 22314500000.00 4300000.00 -12000000.00 900000.00 -2400000.00 0.00 0.00