1. Toast almonds over dry heat until fragrant.
2. Combine grated carrots, milk, and cardamom pods in a large, heavy bottomed pot. Bring to a boil, then reduce to a simmer and cook, stirring, until all milk has evaporated, about 40 minutes.
3. When liquid has evaporated, add oil and applesauce. Fry, stirring constantly, until dark orange, about 30 minutes. Add sugar and almonds. Cook, stirring, for 2 minutes.
4. Serve at room temperature.