Integrated Filing — IndAS



General information about company
Scrip Code 544320
NSE Symbol CARRARO
MSEI Symbol NOTLISTED
ISIN INE0V7W01012
Name of company CARRARO INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of automotive equipments, parts and components
Start date and time of board meeting 27-May-2025   14:00:00
End date and time of board meeting 27-May-2025   16:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 4442740000 18075540000
Other income 35970000 158250000
Total income 4478710000 18233790000
2 Expenses
(a) Cost of materials consumed 3305790000 13072390000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -176630000 64330000
(d) Employee benefit expense 382570000 1541370000
(e) Finance costs 53270000 225830000
(f) Depreciation, depletion and amortisation expense 115120000 451960000
(f) Other Expenses
1 Other Expenses 478050000 1691280000
Total other expenses 478050000 1691280000
Total expenses 4158170000 17047160000
3 Total profit before exceptional items and tax 320540000 1186630000
4 Exceptional items 0 0
5 Total profit before tax 320540000 1186630000
6 Tax expense
7 Current tax 78500000 297280000
8 Deferred tax 4770000 7990000
9 Total tax expenses 83270000 305270000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 237270000 881360000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 237270000 881360000
17 Other comprehensive income net of taxes -1110000 290000
18 Total Comprehensive Income for the period 236160000 881650000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 237210000 881170000
Total profit or loss, attributable to non-controlling interests 60000 190000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 236110000 881460000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 50000 190000
21 Details of equity share capital
Paid-up equity share capital 568520000 568520000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 4011120000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.17 15.5
Diluted earnings (loss) per share from continuing operations 4.17 15.5
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.17 15.5
Diluted earnings (loss) per share from continuing and discontinued operations 4.17 15.5
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3536190000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 259400000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 44180000
Total non-current financial assets 44180000
Deferred tax assets (net) 26350000
Other non-current assets 339080000
Total non-current assets 4205200000
2 Current assets
Inventories 2987240000
Current financial asset
Current investments 0
Trade receivables, current 2912660000
Cash and cash equivalents 683040000
Bank balance other than cash and cash equivalents 0
Loans, current 0
Other current financial assets 20240000
Total current financial assets 3615940000
Current tax assets (net) 0
Other current assets 266410000
Total current assets 6869590000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 11074790000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 568520000
Other equity 4011120000
Total equity attributable to owners of parent 4579640000
Non controlling interest 1070000
Total equity 4580710000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1310240000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 134340000
Total non-current financial liabilities 1444580000
Provisions, non-current 517990000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 1962570000
Current liabilities
Current financial liabilities
Borrowings, current 444010000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 564920000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2935210000
Total Trade payable 3500130000
Other current financial liabilities 47330000
Total current financial liabilities 3991470000
Other current liabilities 188940000
Provisions, current 335060000
Current tax liabilities (Net) 16040000
Deferred government grants, Current 0
Total current liabilities 4531510000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 6494080000
Total equity and liabilites 11074790000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 1320000 -390000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -210000 100000
5 Total Other comprehensive income -1110000 290000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1186630000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 212090000
Adjustments for decrease (increase) in inventories -122760000
Adjustments for decrease (increase) in trade receivables, current -491070000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 115410000
Adjustments for decrease (increase) in other non-current assets 3150000
Adjustments for other financial assets, non-current -3730000
Adjustments for other financial assets, current -24300000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -131430000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 52310000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 451960000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 14590000
Adjustments for provisions, non-current 44540000
Adjustments for other financial liabilities, current -266120000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 13730000
Adjustments for dividend income 0
Adjustments for interest income 3190000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -8020000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -2610000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 5290000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -140160000
Net cash flows from (used in) operations 1046470000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 283590000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 762880000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 4330000
Purchase of property, plant and equipment 518370000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 1310000
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 2390000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 7930000
Net cash flows from (used in) investing activities -505030000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 507400000
Repayments of borrowings 878100000
Payments of lease liabilities 27660000
Dividends paid 0
Interest paid 200100000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -598460000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -340610000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents -12300000
Net increase (decrease) in cash and cash equivalents -352910000
Cash and cash equivalents cash flow statement at beginning of period 1035960000
Cash and cash equivalents cash flow statement at end of period 683050000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins & Sells LLP Yes 31-Jul-2027