Cummins India has published its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, following board approval on February 04, 2026. The company fulfilled its regulatory obligations by publishing the results in Business Standard (All Editions) and Marathi newspaper LokSatta (Pune edition) on February 06, 2026.

Regulatory Compliance and Publication

The company's board of directors approved the unaudited financial results at their meeting held on February 04, 2026. In compliance with Regulation 47 and 33 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the results were published in prescribed newspapers.

Document Availability and Access

Pursuant to Regulation 33 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the unaudited financial results along with limited review report are available on multiple platforms. Investors and stakeholders can access the complete financial results on the company's website, National Stock Exchange of India Limited at www.nseindia.com , and BSE Limited at www.bseindia.com .

Previous Quarter Performance Context

The company had previously delivered notable operational improvements in its Q3 performance, achieving a 20-quarter high in gross margins. The earlier results showed EBITDA growth of 5.7% year-on-year to ₹6.34 billion, while net profit declined 12.5% to ₹4.5 billion from ₹5.14 billion in the corresponding period.

Management Authorization

The financial results publication was authorized by Managing Director Shveta Arya (DIN: 08540723) and Company Secretary & Compliance Officer Vinaya A. Joshi (Membership No.: A25096). The digitally signed communication was sent to both BSE Limited and National Stock Exchange of India Limited on February 06, 2026.

The company maintains its registered office at Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadi, Pune 411 045, Maharashtra, India, with CIN: L29112PN1962PLC012276.

Cummins India Limited has announced the completion of its strategic investment in Clean Max Yellowstone Private Limited, marking a significant milestone in the company's expansion into renewable energy ventures. The transaction, completed on January 29, 2026, represents the final phase of a multi-tranche investment agreement that was previously disclosed to the stock exchanges.

Investment Details

The second and final tranche of the investment involved the allotment of 22,372 equity shares by Clean Max Yellowstone Private Limited to Cummins India Limited. The transaction details are structured as follows:

Regulatory Compliance and Documentation

The investment completion was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Cummins India Limited has maintained transparency throughout the process with multiple intimations to the stock exchanges. The company confirmed that all relevant details provided in the earlier intimation dated December 18, 2025, remain unchanged, eliminating the need for repetitive disclosures.

The transaction follows the terms of the Shareholders' Agreement (SHA) that was established for this investment structure. Previous communications regarding this investment were made on December 18, 2025, December 29, 2025, and January 5, 2026, demonstrating the company's commitment to regulatory compliance and stakeholder transparency.

Strategic Significance

With this completion, Cummins India Limited has fulfilled its entire investment commitment pursuant to the SHA with Clean Max Yellowstone Private Limited. The 8.78% equity stake positions Cummins India as a significant stakeholder in Clean Max's operations, aligning with the growing focus on renewable energy solutions in the Indian market.

The investment represents Cummins India's strategic diversification into clean energy ventures, complementing its core business operations. Clean Max Yellowstone Private Limited operates in the renewable energy sector, making this partnership strategically relevant for Cummins India's long-term sustainability objectives.

Corporate Governance

The disclosure was signed by Vinaya A. Joshi, Company Secretary & Compliance Officer of Cummins India Limited, ensuring proper corporate governance protocols were followed. The information has been made available on the company's official website at www.cumminsindia.com , providing stakeholders with easy access to the investment details.

This completion marks the end of the structured investment process, with Cummins India Limited now holding its intended equity position in Clean Max Yellowstone Private Limited as per the original agreement framework.