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Quarterly Result6 Nov 2026, 05:10 pm

Carraro India Q2 & H1 FY27 Results: Revenue Up 16% H1

AI Summary

Carraro India Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. For H1 FY27, Total Income stood at INR 12,644 Mn, a 16% increase year-on-year. EBITDA (including other income) grew by 8% to INR 1,232 Mn, with margins at 9.7%. Profit After Tax (PAT) was INR 665 Mn, up 9% year-on-year, with margins at 5.3%. Q2 FY27 saw Total Income rise by 19% to INR 7,058 Mn. Operational highlights include strong growth in Agricultural Equipment (23% H1 YoY) and Construction Equipment (8% H1 YoY). Domestic revenues increased by 30% year-on-year, driven by agricultural 4WD axles and construction equipment, while international markets faced challenges. The company also reported capital expenditure of INR 204 million in H1 FY27 for capacity enhancements.

Key Highlights

  • H1 FY27 Total Income increased 16% YoY to INR 12,644 Mn.
  • H1 FY27 PAT grew 9% YoY to INR 665 Mn.
  • Domestic revenue surged 30% YoY, offsetting international market challenges.
  • Capital expenditure of INR 204 Mn incurred in H1 FY27 for capacity expansion.