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Quarterly Result26 May 2026, 07:11 pm

Carraro India FY26 PAT Up 48% YoY to ₹1,306 Mn

AI Summary

Carraro India Ltd reported strong FY26 results with a 25% YoY increase in Total Income to ₹22,840 Mn and a 48% YoY rise in PAT to ₹1,306 Mn. EBITDA grew by 33% YoY to ₹2,475 Mn. The company saw growth in both domestic and export markets, particularly in construction equipment. Key business highlights include progress in Tele-boom Handler axles, increased sales of drivelines, and an engineering services agreement with Montra Electric.

Key Highlights

  • FY26 Total Income increased by 25% YoY to ₹22,840 Mn.
  • FY26 EBITDA grew by 33% YoY to ₹2,475 Mn with margins at 10.8%.
  • FY26 PAT increased by 48% YoY to ₹1,306 Mn, including impact of New Labor Code of ₹95 Million.
  • Construction equipment exports witnessed healthy traction, supporting overall export growth.
  • Secured business nomination from a major OEM for bull gears, valued at approximately ~₹15 crore p.a. effective FY28.