Re-appointment of Cost auditors
CARRARO · price
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Carraro India reported strong FY2026 results with standalone revenue of Rs 22,389 million, up 25% from Rs 17,922 million in FY2025. Standalone profit after tax surged 181% to Rs 1,160 million from Rs 413 million. Consolidated revenue was Rs 22,555 million with PAT of Rs 1,728 million, up 46% year-on-year. The Board recommended a final dividend of Rs 6.75 per share (67.5%) for FY2026, subject to shareholder approval. Statutory auditors Deloitte issued unmodified opinions on both standalone and consolidated results. An exceptional item of Rs 88.72 million (standalone) and Rs 95 million (consolidated) was recognized due to the impact of new Indian labour codes effective November 2025. Cost auditors M/s Adawadkar Deshmukh & Associates were re-appointed for FY2026-27.
Strong financial performance with 25% revenue growth and 181% PAT growth on standalone basis should be positive for shareholders. The clean audit opinion and dividend payout demonstrate financial health.