CARRARO2026-01-012026-03-31CARRARO2026-03-31CARRARO2025-03-31CARRARO2025-04-012026-03-31CARRARO2026-01-012026-03-31in-capmkt:OtherExpenses1MemberCARRARO2025-04-012026-03-31in-capmkt:OtherExpenses1MemberCARRARO2026-03-31OtherNoncurrentFinancialAssetsDomain1CARRARO2026-03-31OtherNoncurrentFinancialAssetsDomain2CARRARO2026-03-31OtherNoncurrentAssetsDomain1CARRARO2026-03-31OtherNoncurrentAssetsDomain2CARRARO2026-03-31OtherNoncurrentAssetsDomain3CARRARO2026-03-31OtherNoncurrentAssetsDomain4CARRARO2026-03-31OtherCurrentFinancialAssetsDomain1CARRARO2026-03-31OtherCurrentFinancialAssetsDomain2CARRARO2026-03-31OtherCurrentAssetsDomain1CARRARO2026-03-31OtherCurrentAssetsDomain2CARRARO2026-03-31OtherCurrentAssetsDomain3CARRARO2026-03-31OtherCurrentAssetsDomain4CARRARO2026-03-31OtherNoncurrentFinancialLiabilitiesDomain1CARRARO2026-03-31OtherCurrentFinancialLiabilitiesDomain1CARRARO2026-03-31OtherCurrentFinancialLiabilitiesDomain2CARRARO2026-03-31OtherCurrentFinancialLiabilitiesDomain3CARRARO2026-03-31OtherCurrentLiabilitiesDomain1CARRARO2026-03-31OtherCurrentLiabilitiesDomain2CARRARO2026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1CARRARO2025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain1CARRARO2025-12-31RelatedPartyTransactionDomain1CARRARO2026-03-31RelatedPartyTransactionDomain1CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain2CARRARO2025-12-31RelatedPartyTransactionDomain2CARRARO2026-03-31RelatedPartyTransactionDomain2CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain3CARRARO2025-12-31RelatedPartyTransactionDomain3CARRARO2026-03-31RelatedPartyTransactionDomain3CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain4CARRARO2025-12-31RelatedPartyTransactionDomain4CARRARO2026-03-31RelatedPartyTransactionDomain4CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain5CARRARO2025-12-31RelatedPartyTransactionDomain5CARRARO2026-03-31RelatedPartyTransactionDomain5CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain6CARRARO2025-12-31RelatedPartyTransactionDomain6CARRARO2026-03-31RelatedPartyTransactionDomain6CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain7CARRARO2025-12-31RelatedPartyTransactionDomain7CARRARO2026-03-31RelatedPartyTransactionDomain7CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain8CARRARO2025-12-31RelatedPartyTransactionDomain8CARRARO2026-03-31RelatedPartyTransactionDomain8CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain9CARRARO2025-12-31RelatedPartyTransactionDomain9CARRARO2026-03-31RelatedPartyTransactionDomain9CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain10CARRARO2025-12-31RelatedPartyTransactionDomain10CARRARO2026-03-31RelatedPartyTransactionDomain10CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain11CARRARO2025-12-31RelatedPartyTransactionDomain11CARRARO2026-03-31RelatedPartyTransactionDomain11CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain12CARRARO2025-12-31RelatedPartyTransactionDomain12CARRARO2026-03-31RelatedPartyTransactionDomain12CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain13CARRARO2025-12-31RelatedPartyTransactionDomain13CARRARO2026-03-31RelatedPartyTransactionDomain13CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain14CARRARO2025-12-31RelatedPartyTransactionDomain14CARRARO2026-03-31RelatedPartyTransactionDomain14CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain15CARRARO2025-12-31RelatedPartyTransactionDomain15CARRARO2026-03-31RelatedPartyTransactionDomain15CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain16CARRARO2025-12-31RelatedPartyTransactionDomain16CARRARO2026-03-31RelatedPartyTransactionDomain16CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain17CARRARO2025-12-31RelatedPartyTransactionDomain17CARRARO2026-03-31RelatedPartyTransactionDomain17CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain18CARRARO2025-12-31RelatedPartyTransactionDomain18CARRARO2026-03-31RelatedPartyTransactionDomain18CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain19CARRARO2025-12-31RelatedPartyTransactionDomain19CARRARO2026-03-31RelatedPartyTransactionDomain19CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain20CARRARO2025-12-31RelatedPartyTransactionDomain20CARRARO2026-03-31RelatedPartyTransactionDomain20CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain21CARRARO2025-12-31RelatedPartyTransactionDomain21CARRARO2026-03-31RelatedPartyTransactionDomain21CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain22CARRARO2025-12-31RelatedPartyTransactionDomain22CARRARO2026-03-31RelatedPartyTransactionDomain22CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain23CARRARO2025-12-31RelatedPartyTransactionDomain23CARRARO2026-03-31RelatedPartyTransactionDomain23CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain24CARRARO2025-12-31RelatedPartyTransactionDomain24CARRARO2026-03-31RelatedPartyTransactionDomain24CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain25CARRARO2025-12-31RelatedPartyTransactionDomain25CARRARO2026-03-31RelatedPartyTransactionDomain25CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain26CARRARO2025-12-31RelatedPartyTransactionDomain26CARRARO2026-03-31RelatedPartyTransactionDomain26CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain27CARRARO2025-12-31RelatedPartyTransactionDomain27CARRARO2026-03-31RelatedPartyTransactionDomain27CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain28CARRARO2025-12-31RelatedPartyTransactionDomain28CARRARO2026-03-31RelatedPartyTransactionDomain28CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain29CARRARO2025-12-31RelatedPartyTransactionDomain29CARRARO2026-03-31RelatedPartyTransactionDomain29CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain30CARRARO2025-12-31RelatedPartyTransactionDomain30CARRARO2026-03-31RelatedPartyTransactionDomain30CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain31CARRARO2025-12-31RelatedPartyTransactionDomain31CARRARO2026-03-31RelatedPartyTransactionDomain31CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain32CARRARO2025-12-31RelatedPartyTransactionDomain32CARRARO2026-03-31RelatedPartyTransactionDomain32CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain33CARRARO2025-12-31RelatedPartyTransactionDomain33CARRARO2026-03-31RelatedPartyTransactionDomain33CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain34CARRARO2025-12-31RelatedPartyTransactionDomain34CARRARO2026-03-31RelatedPartyTransactionDomain34CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain35CARRARO2025-12-31RelatedPartyTransactionDomain35CARRARO2026-03-31RelatedPartyTransactionDomain35CARRARO2026-01-012026-03-31RelatedPartyTransactionDomain36CARRARO2025-12-31RelatedPartyTransactionDomain36CARRARO2026-03-31RelatedPartyTransactionDomain36CARRARO2026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544320CARRARONOTLISTEDINE0V7W01012CARRARO INDIA LIMITEDMain BoardEquity2025-04-012026-03-312026-05-262026-05-14INRMillionsQuarterlyFourth quarterSingle segmentManufacturing2026-05-2614:30:002026-05-2616:30:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2024-08-20www.carraroindia.com/investors/corporate-governance/policiesfalsefalse1. There have been no instances of default on loans and debt securities during the quarter ended 31st March,2026. <BR> <BR> 2. For detailed notes refer full results uploaded on website of stock exchanges and company.2026-01-012026-03-31UnauditedStandalone602927000075070000610434000045439400000-485700003797800004779000010908000053266000055646800005396600000539660000137960000-8490000129470000041019000000004101900002120000412310000568520000107.227.22007.227.222025-04-012026-03-31AuditedStandalone22388940000285370000226743100001652407000003828000015390100001942800004417700002155420000208928300001781480000-887200001692760000434200000-21290000412910000012798500000000127985000018700000129855000056852000010518556000022.5122.510022.5122.51Other expenses532660000Other expenses215542000035023800002460000024249000023982000004232000028214000030080000330050000438960000031741400000370096000080321000000115800004515750000645780000833567000000127252700005685200005185560000575408000057540800001076250000128220000120447000055715000017616200003386500005767100003626520000420323000012227000046641500001883700003570500005209570000697119000012725270000Security Deposit42250000Deposits with banks70000Non current tax assets325470000Balance with Government Authorities (other than income taxes)1420000Prepaid Expenses2220000Capital Advances940000Derivatives - Foreign-exchange forward contract11530000Interest accrued on deposits50000Balance with Government Authorities (other than income taxes)550780000Advances to suppliers75090000Advances to employees150000Prepaid Expenses19760000Lease liability128220000Creditors for capital supplies116080000Dividend payable70000Lease liability6120000Advance from customers51230000Statutory remittances137140000188950000-186900000-8316400000-392830000197000000-100007610000000483000004417800000523000009532000000265300000210000000-105500000-73070000077470000177023000000046130000001308930000000000001460000316690000000150000000000000000000210000010950000-30557000000000000126000004353500001940000025860000017555000000-87630000012706000068900000195960000607250000803210000Remeasurement of net defined benefit liability28300002830000Remeasurement of net defined benefit liability24990000249900007100006290000212000018700000Carraro India Limited******Carraro S.p.A******Ultimate Holding CompanyPurchase of goods or services21090000Approved668000000Carraro India Limited******Siap SpA Italy******Step-down Subsidiary of the Ultimate Holding CompanyPurchase of goods or services519670000Approved22817000000Carraro India Limited******Carraro Drive Tech Italia SpA******Subsidiary of the Ultimate Holding CompanyPurchase of goods or services161440000Approved6649000000Carraro India Limited******Carraro China Drive Systems******Subsidiary of Holding CompanyPurchase of goods or services76210000Approved4682000000Carraro India Limited******Bhavani Synchrotec Private Limited******Entity in which KMP exercise significant influencePurchase of goods or services208500000Approved72300002026-05-2611483000000Carraro India Limited******Carraro SpA******Ultimate Parent CompanySale of goods or services13690000Approved1075000000Carraro India Limited******Carraro Drive Tech Italia SpA******Subsidiary of the Ultimate Holding CompanySale of goods or services9159760000Approved380080000000Carraro India Limited******Carraro China Drive Systems******Subsidiary of Holding CompanySale of goods or services215210000Approved4661000000Carraro India Limited******Carraro Argentina S.A.******Subsidiary of the Holding CompanySale of goods or services44940000Approved000Carraro India Limited******Siap SpA Italy******Step-down Subsidiary of the Ultimate Holding CompanySale of goods or services2270000Approved158000000Carraro India Limited******Carraro Drive Tech Italia SpA******Subsidiary of the Ultimate Holding CompanyAny other transactionRoyalty Charged88370000Approved3995000000Carraro India Limited******Carraro SpA******Ultimate Parent CompanyAny other transactionRoyalty Charged39600000Approved1181000000Carraro India Limited******Carraro SpA******Ultimate Parent CompanyAny other transactionOther Services Rendered - IT Support17260000Approved756000000Carraro India Limited******Carraro Technologies India Private Limited******Subsidiary CompanyAny other transactionOther Services Rendered - Administrative support5650000Approved4200002026-05-26303000000Carraro India Limited******Carraro Technologies India Private Limited******Subsidiary CompanyAny other transactionProfessional Fees86200000Approved3583000000Carraro India Limited******Carraro Finance S.A.******Subsidiary of the Ultimate Holding CompanyAny other transactionProfessional Fees19880000Approved000Carraro India Limited******Carraro SpA******Ultimate Parent CompanyAny other transactionProfessional Fees145330000Approved11570000000Carraro India Limited******Carraro SpA******Ultimate Parent CompanyAny other transactionCorporate Service Charges174260000Approved8901000000Carraro India Limited******Carraro Drive Tech Italia SpA******Subsidiary of the Ultimate Holding CompanyAny other transactionCorporate Service Charges103920000Approved5516000000Carraro India Limited******Carraro Technologies India Private Limited******Subsidiary CompanyAny other transactionRent and other expenses4930000Approved204000000Carraro India Limited******Carraro Drive Tech Italia SpA******Subsidiary of the Ultimate Holding CompanyAny other transactionWarranty Claims Paid38910000Approved1005000000Carraro India Limited******Carraro Finance S.A.******Subsidiary of the Ultimate Holding CompanyAny other transactionInterest on ECB loan45000000Approved1769000000Carraro India Limited******Carraro SpA******Ultimate Parent CompanyAny other transactionTrade PayablesNot applicable011909000079100000Carraro India Limited******Carraro Technologies India Private Limited******Subsidiary CompanyAny other transactionTrade PayablesNot applicable01114000017980000Carraro India Limited******Carraro Drive Tech Italia SpA******Subsidiary of the Ultimate Holding CompanyAny other transactionTrade PayablesNot applicable011483000071950000Carraro India Limited******Siap SpA Italy******Step-down Subsidiary of the Ultimate Holding CompanyAny other transactionTrade PayablesNot applicable09326000093670000Carraro India Limited******Carraro China Drive Systems******Subsidiary of Holding CompanyAny other transactionTrade PayablesNot applicable01278000039450000Carraro India Limited******Carraro Finance S.A.******Subsidiary of the Ultimate Holding CompanyAny other transactionTrade PayablesNot applicable01241000013440000Carraro India Limited******Bhavani Synchrotec Private Ltd******Entity in which KMP exercise significant influenceAny other transactionTrade PayablesNot applicable01420000032270000Carraro India Limited******Carraro SpA******Ultimate Parent CompanyAny other transactionTrade ReceivablesNot applicable0437000011980000Carraro India Limited******Carraro Technologies India Private Limited******Subsidiary CompanyAny other transactionTrade ReceivablesNot applicable015500001390000Carraro India Limited******Carraro Drive Tech Italia SpA******Subsidiary of the Ultimate Holding CompanyAny other transactionTrade ReceivablesNot applicable010698400001166920000Carraro India Limited******Carraro Argentina******Subsidiary of the Holding CompanyAny other transactionTrade ReceivablesNot applicable0173700000Carraro India Limited******Siap SpA Italy******Step-down Subsidiary of the Ultimate Holding CompanyAny other transactionTrade ReceivablesNot applicable0260000650000Carraro India Limited******Carraro China Drive Systems******Subsidiary of Holding CompanyAny other transactionTrade ReceivablesNot applicable0914000018870000Carraro India Limited******Carraro Finance S.A.******Subsidiary of the Ultimate Holding CompanyLoanNot applicable05211000004698900004710560000AuditedtrueM/S Deloitte Haskins & Sells LLPtrue2027-03-31