'
Carraro
India hosted a conference call on Feb 12, 2026. 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 28% YoY led by robust demand for 4WD
axles in the agriculture segment. While exports grew 26%, YoY driven by higher
offtake of Tele Boom Handler (TBH) axles.
During
9M FY26, domestic business grew 17% YoY. While exports grew 29% YoY.
The
shift from 2WD to 4WD tractors has accelerated following the GST reduction,
which has nearly equalized the pre-GST price of 2WD tractors with the post-GST
price of 4WD models. The domestic 4WD axle market has shown strong revenue
growth in the first nine months. In response, the company is ramping up
capacity to ...
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