Cummins India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for FY 2024-25'.
CUMMINSIND · price
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Cummins India has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE, as required under SEBI's listing rules. The report, which forms part of the company's Annual Report, is independently assured by Price Waterhouse & Co Chartered Accountants LLP on a standalone basis. Key highlights include a turnover of ₹10,166.21 crore, a net worth of ₹7,018.03 crore, and 1,299 employees and 3,930 workers across 5 plants and 23 offices, with women making up 27% of permanent employees and 60% of the board. The company set ESG targets like 50% gender diversity by 2040 (currently at 27%) and 50% reduction in absolute GHG emissions by 2030, while 72% of inputs were sourced sustainably. The filing also notes the completed sale of its wholly-owned subsidiary Cummins Sales & Service Private Limited (CSSPL), effective April 1, 2025.
This is a routine regulatory ESG disclosure, not a corporate action, so it should have no direct impact on the stock price. Investors may note the company is on track with most sustainability targets and saw a significant drop in customer complaints (1,325 vs 1,560 last year) with no regulatory fines or fatalities during the year.