Carborundum Universal Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting

Carborundum Universal's board approved Q1FY26 results. Consolidated sales hit Rs 1207 Cr (+1.9% YoY) with PAT at Rs 62 Cr (down from Rs 113 Cr YoY). Standalone sales grew to Rs 698 Cr (+5.2% YoY), and PAT soared to Rs 145 Cr, boosted by a one-time Rs 68 Cr dividend.

CFO Mr. Sushil Bendale is stepping down effective Sept 26, 2025. The company also invested Rs 8 Cr for a 4.19% stake in Grian Energy for captive power access. Note: Rs 214 Cr cash from Russian subsidiary VAW is currently not repatriable.