Mumbai, May 6 -- In a statement on Monday, Cummins Inc. announced it would not be providing an outlook for revenue or profitability for the remainder of the year due to the evolving economic landscape. The company had previously forecasted full-year revenue for 2025 to range between a 2% decline and a 3% increase over 2024.

"While the outlook for the remainder of the year remains unclear, we remain confident in our position and that our Destination Zero strategy is the right one," said Jennifer Rumsey, Chair and CEO. "Cummins is in a strong position to navigate through economic uncertainty, and we look forward to reinstating our forecast when conditions allow."

In the first quarter of 2025, Cummins reported revenue of $8.2 billion, down...