CUMMINSIND2023-01-012023-03-31 CUMMINSIND2023-01-012023-03-31 CUMMINSIND2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member CUMMINSIND2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member CUMMINSIND2023-03-31 CUMMINSIND2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CUMMINSIND2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CUMMINSIND2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member CUMMINSIND2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500480 CUMMINSIND NOTLISTED Cummins India Limited Equity 2022-04-01 2023-03-31 2023-05-24 2023-04-26 INR Crores Yearly 11:30:00 14:15:00 2023-05-24 2023-05-24 true Cash Flow Indirect Declaration of unmodified opinion Single segment ENGINES 2023-01-01 2023-03-31 Audited Standalone 19260000000.00 1306200000.00 20566200000.00 11914200000.00 2023500000.00 -982500000.00 1565500000.00 65500000.00 372200000.00 1478800000.00 16437200000.00 4129000000.00 0.00 4129000000.00 976400000.00 -32400000.00 944000000.00 0.00 3185000000.00 0.00 0.00 0.00 0.00 3185000000.00 46900000.00 3231900000.00 3231900000.00 0.00 554400000.00 2 11.49 11.49 0.00 0.00 11.49 11.49 0.00 0.00 0.00 This statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 24, 2023. The amounts pertaining to the quarters ended March 31, 2023 and March 31, 2022 are the balancing amounts between the audited amounts for the years ended March 31, 2023 and March 31, 2022 and unaudited amounts for the nine months ended December 31, 2022 and December 31, 2021 respectively. Exceptional items during the year ended March 31, 2023 pertain to expenses on account of Voluntary Retirement Scheme (‘VRS’ or the ‘Scheme’) aggregating to Rs. 14.30 Cr. Exceptional Items during the year ended March 31, 2022 comprise gain on sale of property aggregating to Rs. 132.36 Cr. Single segment 2022-04-01 2023-03-31 Audited Standalone 77444300000.00 4199900000.00 81644200000.00 45995100000.00 7493500000.00 -1179300000.00 6298300000.00 157800000.00 1404500000.00 6410600000.00 66580500000.00 15063700000.00 -143000000.00 14920700000.00 3549600000.00 72900000.00 3622500000.00 0.00 11298200000.00 0.00 0.00 0.00 0.00 11298200000.00 39700000.00 11337900000.00 11337900000.00 0.00 554400000.00 2 53125400000.00 40.76 40.76 0.00 0.00 40.76 40.76 0.00 0.00 0.00 Other Expenses 1478800000.00 Other Expenses 6410600000.00 11651900000.00 412900000.00 10190400000.00 0.00 377700000.00 0.00 0.00 372400000.00 0.00 0.00 0.00 117400000.00 117400000.00 0.00 1315500000.00 24438200000.00 8861500000.00 10479200000.00 15927300000.00 3912700000.00 9895400000.00 0.00 422000000.00 40636600000.00 0.00 1172700000.00 50670800000.00 11400000.00 0.00 75120400000.00 554400000.00 53125400000.00 53679800000.00 53679800000.00 0.00 0.00 581100000.00 581100000.00 1016000000.00 1057000000.00 0.00 32700000.00 2686800000.00 3500400000.00 11503400000.00 1014000000.00 16017800000.00 1365600000.00 1370400000.00 0.00 0.00 18753800000.00 0.00 0.00 21440600000.00 75120400000.00 The Board of Directors of the Company at its meeting held on May 24, 2023 recommended a final dividend of Rs. 13 per equity share on 277,200,000 shares of Rs. 2 each fully paid-up for the year ended March 31, 2023. 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. The liquidator, appointed by the shareholders at the extra-ordinary general meeting, completed all the procedures pertaining to the voluntary winding-up, and has submitted the dissolution application with the Mumbai Bench of The National Company Law Tribunal (NCLT’) on May 20, 2023. 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. 157800000.00 -1573600000.00 -3443700000.00 0.00 309400000.00 0.00 0.00 70100000.00 0.00 1478200000.00 0.00 274100000.00 0.00 1404500000.00 0.00 149100000.00 0.00 145800000.00 0.00 -140700000.00 1120700000.00 736200000.00 52300000.00 200000.00 0.00 -463700000.00 143000000.00 4200000.00 0.00 -3289900000.00 11630800000.00 0.00 0.00 0.00 3519900000.00 0.00 8110900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 73100000.00 1616800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1120700000.00 736200000.00 0.00 376400000.00 0.00 693700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 432700000.00 0.00 48600000.00 6237000000.00 125800000.00 0.00 0.00 -6844100000.00 1960500000.00 178000000.00 2138500000.00 1774200000.00 3912700000.00 Remeasurement (loss) / gain on defined benefit plans 64000000.00 Remeasurement (loss) / gain on defined benefit plans 54400000.00 64000000.00 54400000.00 16100000.00 13700000.00 Changes in the fair value of financial instruments -1300000.00 Changes in the fair value of financial instruments -1300000.00 -1300000.00 -1300000.00 -300000.00 -300000.00