Carborundum Universal Limited — Updates, 30-10-2024: Press Release

Carborundum Universal Limited reported strong financial results for Q2 FY 2024-25. Consolidated sales reached an all-time high of ₹1,209 crores, up 7.6% YoY, with a PAT of ₹116 crores, reflecting 13.7% growth. Standalone sales increased by 9.6% to ₹705 crores, with a PAT of ₹86 crores. The company also announced a purchase agreement for 100% stake in Silicon Carbide Products Inc. and a share subscription agreement with Gnan Energy Private Limited.