Carborundum Universal Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

Carborundum Universal has announced a board meeting approving the financial results for the quarter and half-year. Consolidated sales rose 4.4% to Rs.4834 Cr, with PAT at Rs.293 Cr, weighed down by a Rs.104 Cr exceptional charge from its Russian subsidiary due to sanctions; adjusted PAT stands at Rs.368 Cr. Abrasives saw sales growth but PBIT fell 17%, Electrominerals grew modestly with a 25% PBIT drop, and Ceramics delivered a 7.7% sales rise with improved margins. Capex stood at Rs.282 Cr; net debt remains minimal with a 0.03 debt-equity ratio. A final dividend of Rs.2.50/share takes the full-year payout to Rs.4/share. The US acquisition of Silicon Carbide Products LLC is complete, but challenges at the Russian unit persist.