'
Carraro
India hosted a conference call on Nov 17, 2025. In the conference call, the
company was represented by: Dr. Balaji Gopalan, MD, and Mr. Davide Grossi, WTD
& CFO.
Key takeaways of the call
The
company reported healthy volume growth across both domestic and export markets.
During the quarter, domestic business grew 19% YoY led by shift from 2WD to 4WD
tractors. While exports grew 65% YoY.
In
H1 FY26, domestic business grew 11% YoY. While exports grew 31% YoY led
primarily by Tele Boom Handler (TBH) axels.
In
H1 FY26, export of construction equipment vehicles remained robust, registering
a 33% YoY increase, including a 27% rise in Backhoe Loader (BHL) exports.
Export
performance was supported by robust demand for Backhoe Loader (BHL) drivelines
from customers in China, along with early signs of recovery in other overseas
markets.
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