Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year ended 30th September, 2026 (Q2 FY27, H1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results
Audit Opinion:
Clean/Unmodified opinion issued by MSKC & Associates LLP on both standalone and consolidated financial results
Key Financial Highlights [All amounts in ₹ Millions]:
Standalone Results:
Quarter Ended 30th September, 2026:
- Revenue from Operations: ₹6,924.17 (vs. ₹5,818.41 in Q2 FY26 - 19.0% YoY increase)
- Total Income: ₹7,086.50 (vs. ₹5,886.88 in Q2 FY26)
- Net Profit: ₹414.75 (vs. ₹305.96 in Q2 FY26 - 35.6% YoY increase)
- EPS: ₹7.30 (vs. ₹5.38 in Q2 FY26)
Half Year Ended 30th September, 2026:
- Revenue from Operations: ₹12,325.84 (vs. ₹10,710.26 in H1 FY26 - 15.1% YoY increase)
- Total Income: ₹12,628.51 (vs. ₹10,848.90 in H1 FY26)
- Net Profit: ₹721.25 (vs. ₹591.02 in H1 FY26 - 22.0% YoY increase)
- EPS: ₹12.69 (vs. ₹10.40 in H1 FY26)
Standalone Balance Sheet as at 30th September, 2026:
- Cash and Cash Equivalents: ₹901.94
- Other Equity: ₹5,514.60
- Total Borrowings: ₹1,795.53 (Non-current: ₹373.75 + Current: ₹1,421.78)
Consolidated Results:
Quarter Ended 30th September, 2026:
- Revenue from Operations: ₹6,964.59 (vs. ₹5,862.55 in Q2 FY26 - 18.8% YoY increase)
- Total Income: ₹7,057.91 (vs. ₹5,930.85 in Q2 FY26)
- Net Profit Attributable to Owners: ₹350.56 (vs. ₹316.95 in Q2 FY26 - 10.6% YoY increase)
- EPS: ₹6.17 (vs. ₹5.58 in Q2 FY26)
Half Year Ended 30th September, 2026:
- Revenue from Operations: ₹12,411.41 (vs. ₹10,791.81 in H1 FY26 - 15.0% YoY increase)
- Total Income: ₹12,644.44 (vs. ₹10,930.04 in H1 FY26)
- Net Profit Attributable to Owners: ₹664.40 (vs. ₹608.09 in H1 FY26 - 9.3% YoY increase)
- EPS: ₹11.69 (vs. ₹10.70 in H1 FY26)
Consolidated Balance Sheet as at 30th September, 2026:
- Cash and Cash Equivalents: ₹955.31
- Other Equity (excluding NCI): ₹5,348.04
- Total Borrowings: ₹1,795.53 (Non-current: ₹373.75 + Current: ₹1,421.78)
Segment-wise Performance:
The Company and Group are engaged in manufacturing of off-highway equipment, parts and components which constitutes a single segment as per Ind AS 108. Accordingly, there are no separate reportable segments.
Corporate Actions:
Dividend: Interim dividend declared (amount not specified in main document, but cash flow shows dividend paid of ₹383.55 million standalone and ₹384.24 million consolidated for H1 FY27)
Other Significant Information:
- Other income includes interest received on income tax refund of ₹42.88 million for Q2 and H1 FY27
- Other income for Q1 FY27 includes provisions written back of ₹88.07 million pertaining to customs related proceedings
- The Group consists of Carraro India Limited and its subsidiary Carraro Technologies India Private Limited