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. Standalone sales rose 7.3% to Rs.2784 Cr, driven by a 10% jump in Electrominerals. However, PAT slipped to Rs.322 Cr from Rs.350 Cr due to higher expenses despite improved margins. On a consolidated basis, sales increased 4.4% to Rs.4834 Cr, while PAT dropped sharply to Rs.293 Cr from Rs.461 Cr, weighed down by a Rs.104 Cr exceptional charge linked to its Russian subsidiary. A final dividend of Rs.2.50/share brings the total dividend to Rs.4/share. The board also plans to appoint new secretarial auditors for five years.