Carraro India Ltd manufactures axles and transmission systems for agricultural tractors and construction vehiclesBusiness Overview: CIL manufactures mechanical transmissions, dutches, hydraulic lifts, planetary drives, axles for agricultural and construction equipment including components, parts and spares, etc.
Carraro India's Q1 FY27 income rose 12% to 558.7 Cr, PAT up 8% to 31.4 Cr. Domestic sales surged 26%, offsetting 14% export decline. New projects for TBH axles, Montra Electric's e-transmission, and 15 Cr p.a. bull gear orders drive future growth.
Carraro India's 9M FY26 revenue rose 21% YoY to 1669.8 Cr, with PAT up 38% to 88.9 Cr. Strong export growth (29%) and domestic 4WD axle demand drove performance. The Board approved a 62.3 Cr capex for axle capacity expansion, targeting future growth.
Carraro India reports robust 9M FY26 results: Total Income up 21% to ₹1,669.8 Cr, PAT up 38% to ₹88.9 Cr. The company drives strong export growth, boosts 4WD axle capacity with ₹62.3 Cr capex, and expands engineering services, confident in its FY30 outlook.
Carraro India reported Q1 FY26 financial results: Total Income ₹499.9 Cr (+5% YoY), EBITDA ₹54.8 Cr (+2% YoY), and PAT ₹29.1 Cr (+5% YoY). Growth was primarily driven by a 16% increase in Construction Equipment sales and 5% export growth, fueled by new TBH axles. Key business developments include a...
Carraro India Limited's credit facilities have been upgraded to IND A+ with a Stable Outlook by India Ratings and Research. This marks an improvement from IND A with a Positive Outlook across long-term and short-term credit facilities, driven by enhanced EBITDA margins and effective working capital management. Specifically, the long-term...
