Carraro India Limited has informed the Exchange re-appointment of Cost Auditors for the financial year 2026-27
CARRARO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Carraro India reported strong FY2026 results with standalone revenue of ₹22,389 million, up ~25% YoY from ₹17,922 million. Consolidated PAT surged to ₹1,539 million from ₹862 million, a ~79% increase, driven by higher volumes and operating leverage. EBITDA margin expanded to ~14.5% from ~12.9% prior year, reflecting better cost management. An exceptional item of ₹88.72 million (standalone) / ₹95 million (consolidated) was recognised due to the new labour codes effective November 2025, impacting employee benefit provisions. The Board recommended a final dividend of ₹6.75 per share (67.5% payout) worth ₹383.75 million, subject to shareholder approval. Statutory auditors Deloitte Haskins & Sells issued an unmodified opinion on both standalone and consolidated financials. M/s Adawadkar Deshmukh & Associates was re-appointed as Cost Auditors for FY2026-27. The company listed on NSE/BSE in December 2024 via an IPO.
The company delivered robust growth with revenue expanding ~25% and PAT growing ~79%, indicating strong operational performance. Margin expansion signals improving profitability. The labour code exceptional item is a non-cash charge and one-time in nature. The recommended dividend provides a modest near-term return to shareholders.