Carraro India Limited Reports Q2 FY27 Revenue of ₹544.68 Crore

Carraro India Limited reported consolidated revenue of ₹544.68 crore for Q2 FY27, the quarter ended September 30, 2026, after its board approved unaudited results on November 6; standalone revenue was ₹540.17 crore and standalone profit after tax was ₹30.65 crore.

What did Carraro India report for Q2 FY27?

Carraro India reported standalone revenue from operations of ₹540.17 crore and standalone profit after tax of ₹30.65 crore for the September 2026 quarter. On a consolidated basis, revenue from operations was ₹544.68 crore. The disclosed standalone basic earnings per share was ₹5.39.

The results cover the second quarter and first half of FY27 ended September 30, 2026. The company had previously informed the exchanges that its board would consider unaudited standalone and consolidated results for both periods at its November 6 meeting.

The difference between consolidated and standalone revenue was ₹4.52 crore. The supplied information does not state consolidated profit after tax, margins, order intake, debt, or segment-level performance for the quarter. These items therefore cannot be inferred from the revenue and standalone profit figures alone.

How were the Q2 FY27 results approved and communicated?

Carraro India's board met on Friday, November 6, 2026, to consider and approve the unaudited financial results for Q2 FY27 and the half-year ended September 30, 2026. The agenda covered both standalone and consolidated accounts under the company's exchange disclosure process.

The company had issued the board-meeting intimation on October 16. It also stated that the trading window would remain closed until November 8, 2026, a standard compliance measure around the release of unpublished price-sensitive information.

An earnings conference call for analysts and investors was scheduled for 6:00 pm IST on November 6, after the board meeting. The stated purpose was to discuss the unaudited financial results for the quarter and half-year. The supplied material does not include a management transcript, guidance, or commentary from that call.

The source material also refers to approval of a final dividend for the financial year ended March 31, 2026. However, it provides no dividend amount, record date, payment date, or shareholder approval details. Those items cannot be treated as part of the Q2 FY27 financial disclosure.

How does the quarter compare with earlier reported figures?

Carraro India's immediately preceding reported quarter, ended June 30, 2026, carried a revenue figure of ₹540 crore and net profit of ₹30 crore in the supplied financial summary. That summary showed revenue down 10.41% sequentially and up 10.42% year-on-year, while net profit was down 25.29% quarter-on-quarter and up 7.51% year-on-year.

A separate disclosure for the June 2026 quarter stated consolidated revenue from operations of ₹558.65 crore and consolidated net profit of ₹31.39 crore. The different figures reflect the importance of comparing the same reporting basis, such as standalone with standalone or consolidated with consolidated, when assessing quarterly movements.

The quarterly sales table in the supplied material shows sales of ₹582 crore for the September 2025 quarter and ₹540 crore for the June 2026 quarter. Another results preview cited a September 2025 revenue base of ₹586 crore and profit of ₹32 crore. The material does not explain whether the ₹582 crore sales figure and ₹586 crore revenue figure use identical accounting definitions.

Why do these results matter to investors?

Carraro India's November 6 disclosure provides the first reported financial outcome for the September 2026 quarter, a period investors will assess against the June 2026 performance and the September 2025 base. The disclosed Q2 standalone profit after tax of ₹30.65 crore is close to the ₹30 crore net profit listed for Q1 FY27 in the supplied summary, although the reporting basis should be checked before making a direct comparison.

Revenue remains the clearest Q2 FY27 data point available in the provided material: ₹540.17 crore standalone and ₹544.68 crore consolidated. These figures help investors track the scale of operations, but they do not on their own show whether changes were driven by volumes, product mix, pricing, foreign exchange, costs, or other operating factors.

No share-price movement, analyst consensus estimate, EBITDA figure, margin measure, or outlook was provided with the source material. As a result, the available disclosure supports an assessment of the reported revenue and standalone profit, but not a conclusion on the market's immediate reaction or the company's future earnings trajectory.

Conclusion

Carraro India released Q2 FY27 figures after its November 6 board meeting, reporting consolidated revenue from operations of ₹544.68 crore. Standalone revenue was ₹540.17 crore, while standalone profit after tax was ₹30.65 crore and basic EPS was ₹5.39 for the quarter ended September 30, 2026.

The next point for investors to monitor is management's discussion of the quarter and half-year at the scheduled November 6 earnings call, particularly any information on operating conditions, profitability and the difference between standalone and consolidated performance. The disclosed trading-window closure remains in place until November 8, 2026.