Carraro India Q1 FY26 Results: 5% Y-o-Y Total Income Growth, 2% EBITDA Margin Increase

Carraro India Limited, a Tier-I solution provider for axles, transmission systems, gears and other related components, has reported its unaudited financial results for the quarter ended 30th June 2025. Total Income stood at INR 4,999 Mn; an increase of 5% on Y-o-Y basis. EBITDA (incl. other income) stood at INR 548 Mn; a growth of 2% Y-o-Y basis with margins at 11%. PAT stood at INR 291 Mn; a growth of 5% Y-o-Y basis with margins at 5.8%. The company experienced growth in export sales due to ramp-up of new TBH axles and higher HP transmissions. Domestic business for Agricultural 4WD axles continued its growth momentum. Gears business recorded a slight decline in sales. The company has invested in new telescopic handlers axle production, high-performance new transmission range for agricultural applications, and incremental capacity for FY26 sales. The company remains optimistic about FY26 with expected increased infrastructure activity and capital spending.