Industrial Products company Carborundum Universal announced H1FY25 & Q2FY25 results Consolidated sales for Q2FY25 were highest ever at Rs 1209 crore (7.6% growth over Q2FY24) with profit after tax at Rs 116 crore (13.7% increase over Q2FY24). All three segments contributed to the Sales growth. Standalone sales for Q2FY25 were at Rs 705 crore (9.6% growth over Q2FY24) with profit after tax at Rs 86 crore (4.4% increase over Q2FY24). All segments performed well with Electro minerals growing at 9.2%, Abrasives growing at 8.1%, and Ceramics growing at 4.8%. The capital expenditure incurred at consolidated level during the first half of FY25 was Rs 124 crore as compared to Rs 97 crore during first half of FY24. The debt equity ratio at the consolidated level was 0.03. Result PDF
Conference Call with Carborundum Universal Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Products company Carborundum Universal announced Q1FY25 results: Financial Highlights: Consolidated sales for the quarter were almost same at Rs 1,184 crore compared to Q1FY24. Consolidated Abrasives grew at 6.3%, while Ceramics and Electro minerals segment were lower by 6% and 9% respectively. At standalone level, sales grew marginally by 1% to Rs 664 crore compared to Q1 FY24. Standalone Abrasives segment grew by 7%, Electro minerals and Ceramics were lower by 4% and 6% respectively. On a consolidated basis, Profit after tax and non-controlling interest for the quarter was almost flat at Rs 113 crore against Q1 of last year and 16% lower compared to Q4FY24. Standalone PAT for Q1FY25 was almost flat at Rs 93 crore compared to Q1 of last year and lower by 1% compared to Q4FY24. The capital expenditure incurred during the quarter was Rs 63 crore at consolidated level. The debt equity ratio at the consolidated level was 0.03. Result PDF