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Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals.
Carborundum Universal reported strong Q1 FY'27 performance. Consolidated sales grew 16.9% YoY to ₹1,411 Cr, with PAT up 23.4% to ₹76 Cr. Standalone sales rose 21.2% to ₹846 Cr, driven by Electrominerals (+33%) and Ceramics (+15.2%). Abrasives PBIT margins were pressured by seasonal volume declines and higher oil-based resin/fuel costs....