Carborundum Universal Limited — Others, 07-08-2025: Resignation

Carborundum Universal's board approved the financial results for the quarter ended June 30, 2025. Consolidated sales were Rs. 1207 Cr, with PAT at Rs. 62 Cr. Standalone sales reached Rs. 698 Cr, and PAT was Rs. 145 Cr, boosted by a one-time Rs. 68 Cr dividend. The company also announced its CFO, Mr. Sushil Kishor Bendale, will step down by September 26 to pursue external career prospects. A strategic investment of Rs. 7.96 Cr was made in Grian Energy Private Limited for captive solar power. The company continues to monitor the uncertain operating environment for its Russian subsidiary, Volzhsky Abrasive Works.