Carraro India Q2 FY27 standalone revenue Rs 692.42 cr, PAT Rs 41.48 cr

What the numbers show

• Net margin was 5.99% of revenue, up 73 bps from 5.26%.
• Cost of materials accounted for Rs 94.64 cr of the Rs 106.27 cr rise in total expenses (89%).
• Cost of materials took 76.4% of revenue, against 74.7% a year earlier.

• Revenue from operations (quarter ended 30th September, 2026): Rs 692.42 cr; corresponding quarter ended 30th September, 2025: Rs 581.84 cr.
• Other income: Rs 16.23 cr; prior year quarter: Rs 6.85 cr.
• Total income (I+II): Rs 708.65 cr; prior year quarter: Rs 588.69 cr.
• Cost of materials consumed: Rs 529.25 cr; prior year quarter: Rs 434.61 cr.
• Purchase of traded goods: Rs 10.19 cr; prior year quarter: Rs – (no amount reported).
• Changes in inventories of finished goods and work-in-progress: Rs 1.74 cr; prior year quarter: Rs 1.85 cr.
• Employee benefits expense: Rs 40.56 cr; prior year quarter: Rs 38.39 cr.
• Finance costs: Rs 5.02 cr; prior year quarter: Rs 5.20 cr.
• Depreciation and amortisation expenses: Rs 11.14 cr; prior year quarter: Rs 11.16 cr.
• Other expenses: Rs 56.01 cr; prior year quarter: Rs 56.46 cr.
• Total expenses: Rs 653.92 cr; prior year quarter: Rs 547.65 cr.
• Profit before tax (V–VI): Rs 54.73 cr; prior year quarter: Rs 41.04 cr.
• Total tax expense: Rs 13.26 cr; prior year quarter: Rs 10.44 cr.
• Profit for the period/year (IX): Rs 41.48 cr; prior year quarter: Rs 30.60 cr.
• Basic EPS (not annualised): Rs 7.30; prior year quarter: Rs 5.38.
• Diluted EPS (not annualised): Rs 7.30; prior year quarter: Rs 5.38.

According to the statement of unaudited standalone financial results for the quarter and half year ended 30th September, 2026, Carraro India reported higher revenue from operations and total income versus the same quarter in the previous year. Revenue from operations for the quarter ended 30th September, 2026 was Rs 692.42 cr compared with Rs 581.84 cr in the corresponding quarter ended 30th September, 2025. Other income also increased to Rs 16.23 cr from Rs 6.85 cr, taking total income to Rs 708.65 cr versus Rs 588.69 cr a year earlier.

On the cost side, cost of materials consumed rose to Rs 529.25 cr from Rs 434.61 cr in the year-ago quarter. Employee benefits expense increased to Rs 40.56 cr from Rs 38.39 cr. Finance costs were Rs 5.02 cr versus Rs 5.20 cr, while depreciation and amortisation expenses were broadly similar at Rs 11.14 cr compared with Rs 11.16 cr. Other expenses were Rs 56.01 cr against Rs 56.46 cr in the corresponding quarter. Total expenses for the quarter stood at Rs 653.92 cr, up from Rs 547.65 cr in the same period last year.

Profit before tax for the quarter ended 30th September, 2026 was Rs 54.73 cr, compared with Rs 41.04 cr in the corresponding previous-year quarter. After a total tax expense of Rs 13.26 cr (versus Rs 10.44 cr a year earlier), profit for the period was Rs 41.48 cr, up from Rs 30.60 cr. Basic and diluted earnings per share (face value Rs 10 each, not annualised) were both reported at Rs 7.30 for the quarter, compared with Rs 5.38 in the quarter ended 30th September, 2025, as per the statement of financial results.