'
Carraro
India hosted a conference call on Aug 6, 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
In
Q1 FY26, Agricultural Equipment business de-grew 3% YoY, and Construction
Equipment grew 16% YoY.
During
the quarter, domestic business grew 3% YoY led by sustained momentum in 4WD
axle sales. While exports grew 5% YoY. Export growth was supported by the
rollout of new TBH (Tele Boom Handler) axles for a major international OEM and
higher HP transmissions despite weak agri demand.
The
company witnessed weakness in indirect exports of agricultural drivelines.
During
the quarter, the company acquired a project with a domestic customer for TBH
(Tele Boom Handler) family of axles. This is on track to be completed in Q3
FY26.
In
Q1 FY...
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