FY Q4 & FY 24-25 Consolidated

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		01-04-2024
Date of end of financial year		31-03-2025
Date of board meeting when results were approved		27-05-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange		29-04-2025
Description of presentation currency		INR
Level of rounding		Millions
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		27-05-2025 14:00
End date and time of board meeting		27-05-2025 16:15
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)
Date of start of reporting period		01-10-2024	01-04-2024
Date of end of reporting period		31-03-2025	31-03-2025
Whether results are audited or unaudited		Audited	Audited
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	4442.74	18075.54
	Other income	35.97	158.25
	Total income	4478.71	18233.79
2	Expenses
(a)	Cost of materials consumed	3305.79	13072.39
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-176.63	64.33
(d)	Employee benefit expense	382.57	1541.37
(e)	Finance costs	53.27	225.83
(f)	Depreciation, depletion and amortisation expense	115.12	451.96
(g)	Other Expenses
1	Other Expenses	478.05	1691.28
	Total other expenses	478.05	1691.28
	Total expenses	4158.17	17047.16
3	Total profit before exceptional items and tax	320.54	1186.63
4	Exceptional items	0	0
5	Total profit before tax	320.54	1186.63
6	Tax expense
7	Current tax	78.5	297.28
8	Deferred tax	4.77	7.99
9	Total tax expenses	83.27	305.27
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	237.27	881.36
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	237.27	881.36
17	Other comprehensive income net of taxes	-1.11	0.29
18	Total Comprehensive Income for the period	236.16	881.65
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	237.21	881.17
	Total profit or loss, attributable to non-controlling interests	0.06	0.19
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	236.11	881.46
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0.05	0.19
21	Details of equity share capital
	Paid-up equity share capital	568.52	568.52
	Face value of equity share capital	10	10
22	Reserves excluding revaluation reserve		4011.12
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
iii	Earnings per equity share (for continuing and discontinued operations)
	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			Textual Information( 1)
25	Debt service coverage ratio			Textual Information( 2)
26	Interest service coverage ratio			Textual Information( 3)
27	Disclosure of notes on financial results	Textual Information(4)

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2024
Date of end of reporting period		31-03-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	3536.19
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	259.4
	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	44.18
	Total non-current financial assets	44.18
	Deferred tax assets (net)	26.35
	Other non-current assets	339.08
	Total non-current assets	4205.2
2	Current assets
	Inventories	2987.24
	Current financial asset
	Current investments	0
	Trade receivables, current	2912.66
	Cash and cash equivalents	683.04
	Bank balance other than cash and cash equivalents	0
	Loans, current	0
	Other current financial assets	20.24
	Total current financial assets	3615.94
	Current tax assets (net)	0
	Other current assets	266.41
	Total current assets	6869.59
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	11074.79
	Total current assets	6869.59
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	11074.79
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	568.52
	Other equity	4011.12
	Total equity attributable to owners of parent	4579.64
	Non controlling interest	1.07
	Total equity	4580.71
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1310.24
	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	134.34
	Total non-current financial liabilities	1444.58
	Provisions, non-current	517.99
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1962.57
	Current liabilities
	Current financial liabilities
	Borrowings, current	444.01
	Trade Payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	564.92
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2935.21
	Total Trade payable	3500.13
	Other current financial liabilities	47.33
	Total current financial liabilities	3991.47
	Other current liabilities	188.94
	Provisions, current	335.06
	Current tax liabilities (Net)	16.04
	Deferred government grants, Current	0
	Total current liabilities	4531.51
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	6494.08
	Total equity and liabilities	11074.79
	Disclosure of notes on assets and liabilities	Textual Information(1)

Other Comprehensive Income
Date of start of reporting period		01-10-2024	01-04-2024
Date of end of reporting period		31-03-2025	31-03-2025
Whether results are audited or unaudited		Audited	Audited
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	1.32	-0.39
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	-0.21	0.10
5	Total Other comprehensive income	-1.11	0.29

Cash flow statement, indirect
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2024
Date of end of reporting period		31-03-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
Part I	Blue color marked fields are non-mandatory.
1	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax	1186.63
2	Adjustments for reconcile profit (loss)
	Adjustments for finance costs	212.09
	Adjustments for decrease (increase) in inventories	-122.76
	Adjustments for decrease (increase) in trade receivables, current	-491.07
	Adjustments for decrease (increase) in trade receivables, non-current	0
	Adjustments for decrease (increase) in other current assets	115.41
	Adjustments for decrease (increase) in other non-current assets	3.15
	Adjustments for other financial assets, non-current	-3.73
	Adjustments for other financial assets, current	-24.3
	Adjustments for other bank balances	0
	Adjustments for increase (decrease) in trade payables, current	-131.43
	Adjustments for increase (decrease) in trade payables, non-current	0
	Adjustments for increase (decrease) in other current liabilities	52.31
	Adjustments for increase (decrease) in other non-current liabilities	0
	Adjustments for depreciation and amortisation expense	451.96
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss	0
	Adjustments for provisions, current	14.59
	Adjustments for provisions, non-current	44.54
	Adjustments for other financial liabilities, current	-266.12
	Adjustments for other financial liabilities, non-current	0
	Adjustments for unrealised foreign exchange losses gains	13.73
	Adjustments for dividend income	0
	Adjustments for interest income	3.19
	Adjustments for share-based payments	0
	Adjustments for fair value losses (gains)	-8.02
	Adjustments for undistributed profits of associates	0
	Other adjustments for which cash effects are investing or financing cash flow	-2.61
	Other adjustments to reconcile profit (loss)	0
	Other adjustments for non-cash items	5.29
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships	0
	Total adjustments for reconcile profit (loss)	-140.16
	Net cash flows from (used in) operations	1046.47
	Dividends received	0
	Interest paid	0
	Interest received	0
	Income taxes paid (refund)	283.59
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) operating activities	762.88
3	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	4.33
	Purchase of property, plant and equipment	518.37
	Proceeds from sales of investment property	0
	Purchase of investment property	0
	Proceeds from sales of intangible assets	0
	Purchase of intangible assets	1.31
	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	2.39
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	7.93
	Net cash flows from (used in) investing activities	-505.03
4	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	507.4
	Repayments of borrowings	878.1
	Payments of lease liabilities	27.66
	Dividends paid	0
	Interest paid	200.1
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) financing activities	-598.46
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes	-340.61
5	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents	-12.3
	Net increase (decrease) in cash and cash equivalents	-352.91
	Cash and cash equivalents cash flow statement at beginning of period	1035.96
	Cash and cash equivalents cash flow statement at end of period	683.05

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 Consolidated results		Yes
	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	31-07-2027

FY Q4 & FY 24-25 Consolidated

General information about company

Financial Results Ind-AS

Statement of Asset and Liabilities

Other Comprehensive Income

Cash flow statement, indirect

Details of Impact of Audit Qualification