Carborundum Universal Limited — Updates, 07-08-2025: Press Release

Carborundum Universal's board approved the financial results for the quarter. Consolidated sales grew to Rs.1,207 Cr (+1.9% YoY), but PAT dipped to Rs.62 Cr (vs Rs.113 Cr prior year). Standalone sales increased to Rs.698 Cr (+5.2% YoY), with PAT surging to Rs.145 Cr, boosted by a Rs.68 Cr dividend. CFO Sushil Bendale to step down effective Sept 26, pursuing external career prospects. Ceramics segment showed strong growth. However, Electrominerals and Abrasives faced headwinds from lower volumes and competition, partially due to impacts on its Russian subsidiary. New strategic investment of Rs.7.96 Cr in a solar power plant for captive power.