Carraro India Q1 FY27 Revenue Up 12% YoY to ₹5,587 Mn

Carraro India Limited reported its unaudited financial results for Q1 FY27, with total income reaching INR 5,587 million, a 12% increase year-on-year. EBITDA (including other income) grew by 6% YoY to INR 579 million, with margins at 10.4%. Profit After Tax (PAT) saw an 8% YoY growth, reaching INR 314 million, with margins at 5.6%. The company highlighted strong performance in Agricultural and Construction Equipment segments, with significant growth in domestic sales (up 26% YoY) offsetting a decline in exports (-14% YoY). Key business updates include progress on new Tele-boom Handler axles, outperforming market growth in Backhoe Loader drivelines, and positive developments in the engineering services business. Capex initiatives include construction of a new paint-shop building and commissioning of new assembly lines.