Results - Announcements
Carraro India Ltd share price slipped 2.77% to Rs 487.35. The Company's net profit improved by 11.69% to Rs 35.06 crore, while revenue from operations increased sharply by 27.87% to Rs 696.46 crore in Q2FY27 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.67 lakh crore, easing 9.65%. It has marginally improved by 5.05% over last one week and eased lower by 0.74% in last one month while the market capitalization of Carraro India Ltd has inched up 2.02% and 2.92% in the same period respectively.
Profit before tax (PBT) of Carraro India Ltd stood at Rs 48.47 crore in Q2 FY27, heading higher 13.97% year-on-year, and rallying 15.32% quarter-on-quarter. EBITDA came in at Rs 47 crore, gaining 2.10% YoY and surging by 55.34% sequentially.
Total expenses jumped by 27.33% to Rs 652.14 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 529.25 crore, jumping 24.17% YoY, while employee benefits expense was at Rs 44.08 crore, dipping slightly 2.97% YoY.
For FY26, revenue from operations soared by 24.78% to Rs 2255.49 crore, while net profit saw a strong growth of 48.15% to Rs 130.58 crore, compared to previous FY. EBITDA witnessed a strong improvement of 15429% to Rs 190.41 crore, and PBT soared 45.61% to Rs 172.78 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 134.56 crore in FY26, as against Rs 76.29 crore in FY25.
Carraro India Ltd declined by 3.28% in last one year, performing in line with the benchmark BSE Sensex which has slipped by 2.74% during the same period.