500480 Q2 2026 04:30 UTC Earnings Report

Page 1

Cummins India Limited Registered Office Cummins India Office Campus Tower A, 5th Floor, Survey No. 21, Balewadi Pune 411 045 Maharashtra, India Phone +91 20 67067000 Fax +91 20 67067015 cumminsindia.com cil.investors@cummins.com CIN : L29112PN1962PLC012276 Ref: STEX/SECT/2025 November 06, 2025 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 BSE Scrip Code: 500480 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra – Kurla Complex, Bandra (East), Mumbai 400 051 NSE Symbol: CUMMINSIND Sub: Outcome of Board Meeting Dear Sir/ Madam, We wish to inform that the Board of Directors (“Board”) of Cummins India Limited (“Company”) at their meeting held today i.e., on Thursday, November 06, 2025, inter- alia, unanimously approved the following: 1. Unaudited Financial Results along with Statutory Auditor’s Limited Review Report In terms of Regulation 33 and 30 read with Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing copy of the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. Further, w e are also enclosing a copy of ‘Limited Review’ report given by the Statutory Auditors on the said results. 2. Approval of Postal Ballot Notice In compliance with Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has approved to seek approval of the members of the Company for additional Material Related Party Transactions. In this regard, the Board of Directors, in its meeting have approved the Notice of Postal Ballot which will be circulated to the Members in due course. 3. Appointment of Scrutinizer In continuance to Point No. 2 above, the Board of Directors have appointed M/s. Mehta & Mehta, Company Secretaries, Pune, as a Scrutinizer to scrutinize the Postal Ballot's e-voting process, in fair and transparent manner. The Scrutinizer's report shall be submitted to the Stock Exchange(s) within the prescribed timeline as stipulated in Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Page 2

Page 3

Price Waterhouse & Co Chartered Accountants LLP Review Report To The Board of Directors Cummins India Limited Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadi, Pune - 411045 1. We have reviewed the unaudited financial results of Cummins India Limited (the "Company ") for the quarter and half-year ended September 30, 2025 , which are included in the accompanying "Unaudited standalone financial results for the quarter and half-year ended September 30, 2025 , th e Statement of Assets and Liabilities as on that date and the Statement of Cash Flows for the half-year ended on that date" (the 'Statement') . The Statem ent has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. The Statement is the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review . 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement . 3. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement . For Price Waterhouse & Co Chartered Accountants LLP Firm Regis~ 304026E/E-300009 ~ (/ ' Jeetendra Mirchandani Partner Membership Number: 48125 UDIN: 25048125BMRKDB2396 Place: Pune Date: November 06, 2025 Price Waterhouse & Co Chartered Accountants LLP, 7th Floor, Tower A - Wing 1, Business Bay, Airport Road, Yerwada Pune - 411 006 T: + 91 (20) 69050558 Registered office and Head office: Plot No. 56 & 57, Block ON, Sector-V, Salt Lake, Kolkata - 700 091 Price Water house & Co. (a Partnership Firm) converted into Price Waterhouse & Co Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-4362) with effect from July 7, 2014. Post its conversion to Price Waterhouse & Co Chartered Accountants LLP, its ICAI registration number is 304026 E/ E300009 (ICAI regist ration numbe r before convers ion was 304026E)

Page 4

Price Waterhouse & Co Chartered Accountants LLP Review Report To The Board of Directors Cummins India Limited Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadi, Pune - 411045 1. We have reviewed the consolidated unaudited financial results of Cummins India Limited (the "Company") and its share of the net profit after tax and total comprehensive income of its joint venture and associate company (refer note 3 on the Statement) for the quarter and half-year ended September 30, 2025 which are included in the accompanying "Unaudited consolidated financial results for the quarter and half-year ended September 30, 2025 , the Statement of Assets and Liabilities as on that date and the Statement of Cash Flows for the half-year ended on that date" (the 'Statement'). The Statement is being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes . 2. This Statement, which is the responsibility of the Company's Management and has been approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute· of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: 5. Name of the Entity As at September 30, 2025 %Holding Consolidated as Cummins Generator Technologies India Private Limited 48.74% Associate Valvoline Cummins Private Limited 50% Joint Venture Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, o • rial misstatement. Price Waterhouse & Co Chartered Accountants LLP, 7th Floor, Tower A - Pune - 411 006 T: +91 (20) 69050558 Registered office and Head office: Plot No. 56 & 57, Block DN, Sector-V , Salt Lake , Kolkata - 700 091 erwada Price Waterhouse & Co. (a Partnership Firm) converted into Price Waterhouse & Co Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-4362) with effect from July 7, 2014 . Post its conversion to Price Waterhouse & Co Chartered Accountants LLP, its ICAI registration number is 304026E/E300009 (ICAI registration number before conversion was 304026E)

Page 5

6. The consolidated unaudited financial results include the Company 's share of net profit after tax of Rs. 38.74 crores and Rs. 74.92 crores and total comprehensive income of Rs. 39.56 crores and Rs. 75.44 crores for the quarter and half-year ended September 30 , 2025 respectively, as considered in the consolidated unaudited financial results, in respect of one associate based on their interim financial information, which have not been reviewed by us. According to the information and explanations given to us by the Management, these interim financial information are not material to the Company. Our conclusion on the Statement is not modified in respect of the above matter . For Price Waterhouse & Co Chartered Accountants LLP Firm Registration Number: 304026E/E-300009 -:Ju~ ~ ndra Mirchandani Partner Membership Number: 48125 UDIN: 25048125BMRKDC5524 Place: Pune Date: November 06, 2025

Page 6

CUMMINS INDIA LIMITED Registered Office : Cumm ins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadl, Pune 411045, Maharashtra, India [CIN : l29112PN1962PLC012276], Telephone : 020 67067000, Fax : 020 67067015, Email : cll .lnvestors@cummins.com, Website : www.cummlnslndla .com Unaudited consolidated financial results for the quarter and hall year ended September 30, 2025 Particulars Income (a) Revenue from operations Sales/Income from operations Other operating income (b) Other income Total Income 2 Expenses (a) Cost of materials consumed (b) Purchases of traded goods (c) Change in inventories of finished goods, work-in-progress and traded goods (d) Employee benems expense (e) Finance cost (f) Depreciation and amortisation expense (g) Other expenses Total expenses 3 Profit before exceptional Items and tax (1-2) 4 Exceptional items (expense) I income (Note 3) 5 Profit after exceptional Items before share of profit of Joint venture and associate and before tax (3+4) 6 Share of profit of joint venture and associate after tax 7 Profit before tax (5+6) 8 Taxexpense (a) Current tax (b) Deferred tax (c) Tax for ear1ier years Total tax expenses 9 Profit after tax (7-8) 10 Other comprehensive (expense)/ Income (a) Items not to be reclassified to profit or loss in subsequent periods Remeasurement (loss) / gain on defined benefit plans Income tax effect (b) Items to be reclassified lo profit or loss in subsequent periods Changes in the fair value of financial instruments Income tax effect Other comprehensive (expense)/ Income, net of tax (a+b) 11 Share in joint venture's and associate's OCI after tax (net) not to be reclassified to profit or loss in subsequent periods 12 Total Other comprehensive (expense) / Income, net oltax (10+11) 13 Total comprehensive Income (9+12) 14 Paid-up equity share capital (Face value , 2 each) 15 Other equi1y 16 Earnings per share Basic and diluted EPS for the period on net profit (Not annualised) (r) September 30, 2025 (Unaudited) 3,121.58 48.69 122.77 3,293.04 1,804.45 196.82 11.06 198.60 2.55 49.18 264.55 2,527.21 765.83 765.83 58.20 824.03 199.44 2.26 201.70 622.33 17.86 (4.50) (0.84) 0.21 12.73 0.80 13.53 635.86 55.44 22.45 Quarter ended June 30, 2025 September 30, 2024 (Unaudited) (Unaudited) 2,858.71 2,465.09 48.11 43.51 133.88 105.31 3,040.70 2,613.91 1,776.38 1,539.28 214.24 158.79 (158.99) (93.72) 199.43 198.72 2.65 2.58 47.93 44.96 252.26 221.59 2,333.90 2,072.20 706.80 541.71 12.59 719.39 541.71 65.28 52.13 784.67 593.84 180.37 145.13 0.40 (0.66) 180.77 144.47 603.90 449.37 (0.67) (12.47) 0.17 3.14 2.27 0.02 (0.57) 1.20 (9.31) (0.30) (0.46) 0.90 (9.77) 604.80 439.60 55.44 55.44 21 .79 16.21 Half year ended September 30, 2025 September 30, 2024 (Unaudited) (Unaudited) 5,980.29 4,738.96 96.80 85.20 256.65 209.04 6,333.74 5,033.20 3,580.83 2,862.61 411.06 340.11 (147.93) (167.97) 398.03 386.59 5.20 7.54 97.11 89.30 516.81 445.58 4,861.11 3,963.76 1,472.63 1,069.44 12.59 1,485.22 1,069.44 123.48 119.47 1,608.70 1,188.91 379.81 276.52 2.66 0.41 0.00 382.47 276.93 1,226.23 911.98 17.19 (14.05) (4.33) 3.54 1.43 0.80 (0.36) (0.20) 13.93 (9.91) 0.50 (0.53) 14.43 (10.44) 1,240.66 901.54 55.44 55.44 44.24 32.90 (rcroro) Year ended March 31, 2025 (Audited) 10,219.24 171 .45 446.92 10,837.61 5,911.18 700.24 (16.56) 797.49 15.85 185.07 918.30 8,511.57 2,326.04 2,326.04 266.77 2,592.81 598.05 (4.05) (1 .13) 592.87 1,999.94 (19.30) 4.86 i: ~~ ....

Page 7

CUMMINS INDIA LIMITED Registered Office: Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21 , Balewadi, Pune 411045, Maharashtra, India [CIN : L29112PN1962PLC012276] , Telephone : 020 67067000, Fax : 020 67067015, Email : cil.investors@cummins.com, Website : www.cumminsindia.com Unaudited standalone financial results for the quarter and half year ended September 30, 2025 , Crore Particulars Quarter ended Half year ended Year ended September 30, 2025 June 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024 March 31 , 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income (a) Revenue from operations Sales/Income from operat ions 3,121.58 2,858.71 2,448.40 5,980.29 4,710.43 10,166.21 Other operating income 48.69 48.11 43.91 96.80 86.07 173.19 (b) Other income 196.37 152.88 161 .11 349.25 293.33 626.1 3 Total Income 3,366.64 3,059.70 2,653.42 6,426.34 5,089.83 10,965.53 2 Expenses (a} Cost of materials consumed 1,804.45 1,776.38 1,550.32 3,580 .83 2,882.09 5,952.23 (b) Purchases of traded goods 196.82 214.24 149.66 411.06 317.54 656.53 (c) Change in inventories of finished goods , work-in-progress and traded goods 11.06 (1 58.99) (99.39) (147.93) (164.98) (17.19) (d) Employee benefits expense 198.60 199.43 192.34 398.03 373.97 774.00 (e) Finance cost 2.55 2.65 2.56 5.20 7.32 15.12 (f) Depreciation and amortisation expense 49.18 47.93 45.21 97.11 89.09 182.90 (g) Other expenses 264.55 252.26 218.34 516.81 439.51 905.80 Total expenses 2,527.21 2,333.90 2,059.04 4,861.11 3,944.54 8,469.39 3 Profit before exceptional items and tax (1-2) 839.43 725.80 594.38 1,565.23 1,145.29 2,496.14 4 Exceptional items (expense) / income (Note 3) 44.15 44.15 5 Profit before tax (3+4) 839.43 769.95 594.38 1,609.38 1,145.29 2,496.14 6 Tax expense (a) Current tax 199.44 180.37 144.56 379.81 275.43 594.34 (b) Deferred tax 2.30 0.31 (0.79) 2.61 (0.55) (2.84) (c) Tax for earlier years (1.14) Total tax expenses 201.74 180.68 143.77 382.42 274.88 590.36 7 Profit after tax (5-6) 637.69 589.27 450.61 1,226.96 870.41 1,905.78 8 Other comprehensive (expense) / income (a) Items not to be reclassified to profit or loss in subsequent periods Remeasurement (loss)/ gain on defined benefit plans 17.86 (0.67) (12.47) 17.19 (14.05) (19. Income tax effect (4.50) 0.17 3.14 (4.33) 3.54 4. (b) Items to be reclassified to profit or loss in subsequent periods Changes in the fair value of financial instruments (0.84) 2.27 0.02 1.43 0.80 Income tax effect 0.21 (0.57) (0.36) (0.20) Total Other comprehensive (expense)/ income, net of tax (a+b) 12.73 1.20 (9.31) 13.93 9 Total comprehensive income, net of tax (7+8) 650.42 590.47 441.30 1,240.89 10 Paid-up equity share capital (Face value f 2 each) 55.44 55.44 55.44 55.44 11 Other equity 12 Earnings per share Basic and diluted EPS for the period on net profit (Not annualised) (f) 23.00 21.26 16.26 44.26 ~-

Page 8

Notes 1. STATEMENT OF ASSETS AND LIABILITIES c, Crorel Particulars Standalone Consolidated Aa at September 30, As at March 31, As at September 30, Aa at March 31, 2025 2025 2025 2025 (Unaudited) (Audited) (Unaudited! (Audited) ASSETS Non-current assets Property, plant and equipment 1,282.27 1,252.51 1,282.27 1,252.51 Capital work-in-progress (including investment property in progress) 71.86 78.16 71.86 78.16 Right-of-use asset 34.97 39.80 34.97 39.80 Investment properties 916.00 935.15 916.00 935.15 Intangible assets 122.22 136.20 122.22 136.20 Intangible assets under development 10.88 6.71 10.88 6.71 Investments in joint venture and associate 25.24 25.24 581.53 550.15 Financial assets Other non-current financial assets 25.01 14.55 25.01 14.55 Income tax assets (net) 47.63 43.83 47.63 43.83 Other non-current assets 95.17 102.92 95.17 102.92 2 631 .25 2 635.07 3187.54 3159.98 Current assets Inventories 1,162.01 1,022.24 1,162.01 1,004.07 Financial assets Investments 1,604.60 932.12 1,604.60 932.12 Trade receivab les 2,565.36 2,292.48 2,565.36 2,277.75 Cash and cash equivalents 214.15 234.99 214.15 234.99 Other bank balances 1,546.32 2,275.30 1,546.32 2,275.30 Other current financial assets 73.55 66.67 73.55 66.67 Other current assets 184.46 129.92 184.46 129.92 Assets classified as held for sale 2.25 16.93 2.25 87.69 7,352.70 6 970.65 7,352.70 7,008.51 9 983.95 9 605.72 10 540.24 10168.49 EQUITY AND LIABILITIES Equity Equity share capita! 55.44 55.44 55.44 55.44 Other equity Retained earnings 6,086.60 5,774.33 6,643.31 6,317.70 Other reserves 1,196.30 1,188.26 1,196.30 1,188.26 7 338.34 7 018.03 7 895.05 7 561.40 Non-current liabilities Financial liabillties Lease liabillties 17.23 20.42 17.23 20.42 Other non-current financial liabilities 50.62 53.47 50.62 53.47 Provisions 133.51 162.92 133.51 162.92 Deferred tax liabilities (net) 93.87 91 .26 93.45 86.21 Other non-current liabillties 20.85 25.60 20.85 25.60 316.08 353,67 315.66 348.62 Current liabilities Financial liabilities Trade Payables Total outstanding dues of micro and small enterprises 83.76 62.79 83.76 62.79 Total outstanding dues of creditors other than micro and small enterprises 1,440.68 1,505.45 1,440.68 1,504.31 Lease liabrnties 7.12 9.24 7.12 9.24 Other current financial liabilities 313.14 217.19 313.14 217.19 Other current liabillties 296.01 270.20 296.01 270.19 Provisions 188.82 169.15 188.82 169.15 Liabillties classified as held for sale 25.60 2 329.53 2 234.02 2 329.53 2 258.47 9 983.95 9 605.72 10540.24 10168.49

Page 9

Notes (continued) 2 STATEMENT OF CASH FLOWS (' Crore) Particulars Standalone Consolidated Half year ended Half year ended Hatt year ended Hatt year ended September 30, 2025 September 30, 2024 September 30, 2025 Seatember 30, 2024 (Unaudited) (Unaudited) (Unaudited) (Unaudited) I. Cash generated from operating activities Profit before tax 1,609.38 1,145.29 1,608.70 1,188.92 a) Adjustments to reconcile profit befora tax to net cash flows Depreciation and amortisation expense 97.11 89.09 97.11 89.30 Finance costs 5.20 7.32 5.20 7.54 Interest income (101.91) (78.53) (101.91) (78.53) Dividend income (92.60) (84.30) Loss/(gain) on assets sold, discarded , etc. (0.18) (0.29) (0.18) (0.29) (Gain)~oss on redemption /sale of investments (net) (32.43) (22.62) (32.43) (22.62) Equity contribution from Holding company 8.04 7.52 8.04 7.52 Unrealised foreign exchange fluctuation (net) (1 .17) 5.44 (1.17) 5.44 Mar1< to mar1<et ('MTM') of financial instruments 0.95 0.11 0.95 0.11 Provision for doubttul debts (net) (0.25) 2.86 (0.25) 2.96 Share of prom of joint venture and associate (123.48) (119.47) Exceptional Items (Note 3) (44.15) (12.59) (161.391 173.401 (160.71 (108.041 b) Working capital adjustments Trade receivabJes (264.71) (47.99) (264.71) (60.26) Inventories (139.77) (202.07) (139.77) (206.93) Current and non-current financial assets (18.29) (0.51) (18.29) (0.35) Other current and non--current assets (52.45) 0.84 (52.45) (0.03) Trade payables (55.61) 31.59 (55.61) 29.97 Current and non-current financial liabilities 178.62 108.82 178.62 110.85 Other current and non-current liabilities (58.82) (24.84) (58.82) (23.85) Current and non-current provisions 5.19 15.09 5.19 15.26 (405.84 (119.07) (405.84) (135.34) Total adjustments (a+b) (567.23 (192.47) (566.55) (243.38) Cash generated from operating activities 1,042.15 952.82 1,042.15 945.54 Tax paid (net of refunds) (299.731 (258.571 (299.731 (259.741 Net cash generated from operating activities 742.42 694.25 742.42 685.80 II. Cash flows (used ln)/from Investing activities Purchase of property , plant and equipment, intangible assets and investment property (111.10) (100.90) (111.10) (101.24) Proceeds from sale of property , plant and equipment 0.40 1.08 0.40 1.08 Interest received 93.22 78.53 93.22 78.54 Dividend received on investments in associate and joint venture 92.60 84.30 92.60 84.30 Sale/(Purchase) of short term investments (net) (640.05) 34.93 (640.05) 34.93 Investment in Term Deposits (including interest) (479.90) (1,039.06) (479.90) (1 ,039.06) Wi1hdrawal of Term Deposi1s (including interest) 1,211.12 849.63 1,211.12 849.63 Net cash (used ln)lfrom Investing activities 166.29 (91.49 166.29 (91.82 Ill. Cash flows (used ln)/from financing activities Proceeds from borrowings/repayment of borrowings (net) (100.00) (98.51) Finance costs (1.51) (3.35) (1 .51) (3.57) Payment of principal portion of lease liabili1ies (4.48) (3.37) (4.48) (3.97) Dividend paid (928.62) (554.40) (928.62) (554.40} Net cash (used ln)/from financing activities (934.61) (661.12) (934.61) (660.45) IV. Net change In cash and cash equivalents (1+11+111) (25.90) (58.36) (25.90) (66.48) V. Net foreign exchange dltterence 5.06 (0.05) 5.06 (0.05) VI. Cash and cash equivalents at the beginning of the year 234.99 291.77 234_99• 299.89 VII. Cash and cash eaulvalents at the end of the vear UV+V+VI) 214.15 233.36 214.15 233.37 Components of cash and cash equivalents Cash on hand 0.01 Bank Balances In current accounts 214.15 133.34 214.15 133.34 Deposits with banks (original maturity less than 3 months) 100.02 100.02 Total cash and cash equivalents 214.15 233.36 214.15 233.37 • The closing cash and cash equivalents reported in 1he S1atement of Cash Flows as at March 31, 2025 included i 1.76 Crore pertaining 10 the subsidiary classified as held for sale. The subsidiary was sold effective April 01, 2025, and accordingly, its cash and cash equivalents is excluded from the opening cash and cash equivalents as at April 01 , 2025. SIN 3: -':""f ~--,';~ ... ~---·:,· ·" ..

Page 10

Notes (continued) 3 The Consolidated financial results include results of the following companies : Name of the Company As at September 30, 2025 # As at June 30, 2025 As at September 30, 2024 %holdlna Consolidated as %holdlna Consolidated as %holdlna Consolidated as Cummins Sales & Service Private Limited • 100% Subsidiary Cummins Generator Technologies India 48.74% Associate 48.74% Associate 48.54% Associate Private Limited •• Valvoline Cummins Private Limited 50% Joint Venture 50% Joint Venture 50% Joint Venture # Same position as at March 31 , 2025 • Exceptional items during the quarter ended June 30, 2025 pertain to gain on sale of 100% stake in its wholly owned subsidiary, namely, Cummins Sales & Service Private Limited {"CSSPL") amounting to '!' 12.59 Cr. and , 44.15 Cr. in consolidated financial results and standalone financial results respectively . Consequent to the transfer of 1 00% 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 Company's shareholding in Cummins Generator Technologies India Private Limited ("CGT") increased from 48.54% to 48.74%, 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. 4 This statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 6, 2025. 5 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. Valvo line 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. Following information is provided to the CODM for Lubes segment for monitoring its performance: ('I' Crore) Particulars Quarter ended Hatt vear ended Year ended September 30, June 30, September 30, September 30, September 30, March 31, 2025 2025 2024 2025 2024 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited\ (Unaudited\ (Audited\ Sales Engines 3,1 21 .58 2,858.71 2,465.09 5,980.29 4,738.96 10,219.24 Lubes• 710.64 643.16 544.18 1,353.80 1,186.52 2,352.27 Total 3,832.22 3,501.87 3,009.27 7,334.09 5,925.48 12,571 .51 Less: Elimination/Adjustments 710.64 643.16 544.18 1,353.80 1,186.52 2,352.27 Net sales 3,121.58 2,858.71 2,465.09 5,980.29 4,738.96 10,219.24 Profit before tax Engines 804.51 755.80 576.29 1,560.31 1,143.43 2,492.42 Lubes• 52.59 77.59 47.28 130.18 122.27 269.15 Total 857.10 833.39 623.57 1,690.49 1,265.70 2,761.57 Less: Elimination/Adjustments 33.07 48.72 29.73 81 .79 76.79 168.76 Total Profit before tax 824.03 784.67 593.84 1,608.70 1,188.91 2,592.81 Profit after tax Engines 602.81 575.03 431 .82 1,177.84 866.50 1,899.55 Lubes• 39.03 57.74 35.10 96.78 90.96 200.78 Total 641.84 632.77 466.92 1,274.62 957.46 2,100.33 Less: Elimination/Adjustments 19.51 28.87 17.55 48.39 45.48 100.39 Total Profit after tax 622.33 603.90 449.37 1,226.23 911.98 1,999.94 • The above numbers represent full numbers in the Statement of Profit and Loss of Valvoline Cummins Private Limited and are not Group's proportionate share . For Cummins India Limited Pune Date: November 6, 2025

Interim report