POWERING PROGRESS TOGETHER

CUMMINS INDIA LIMITED

ANNUAL REPORT 2024-2025

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POWER. PROGRESS. POSSIBILITIES.

At Cummins, we believe that real progress is a collective effort. POWERING PROGRESS TOGETHER signifies our approach to building a future that is innovative, inclusive and sustainable.

With more than 60 years of trusted leadership, we stand united in our efforts to secure a more resilient future for all our stakeholders, one that is both forward- thinking and deeply human.

Together, we are ready to push the boundaries of what is possible and lead the next era of smarter, cleaner power.

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FINANCIAL PERFORMANCE 2024-2025

15% Variance from 2023-24

16% Variance from 2023-24

36% Variance from 2023-24

6% Variance from 2023-24

18% Variance from 2023-24

CHAIRPERSON’S LETTER

Dear Valued Shareholders,

Today, India stands at a pivotal moment, poised to remain the fastest-growing major economy over the next two years, driven by innovation and inclusive growth. For the past 63 years, Cummins has been unwavering in its commitment to shaping a more powerful and progressive India. Last year marked a significant leap forward in that direction.

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Managing Director’s letter

Dear Valued Shareholders,

It is an honor and a privilege for me to lead Cummins India Limited as Managing Director and to carry forward its proud legacy of over 60 years. I look forward to building on our collective impact and continuing the meaningful work we do together.

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DRIVEN BY PURPOSE,
POWERED BY PARTNERSHIPS

DRIVEN BY PURPOSE,
POWERED BY PARTNERSHIPS

BOARD OF DIRECTORS