Carborundum Universal Limited (CUMI) announced its financial results for the quarter and half-year ended September 30, 2026. Standalone revenue from operations for the second quarter of FY27 reached ₹911 crore, marking a 28.0% growth year-on-year. The company also reported standalone profit before tax of ₹99 crore for the same period.
Carborundum Universal Reports Strong Q2 FY27 Performance
Carborundum Universal Limited (CUMI) has announced its unaudited financial results for the quarter and six months ended September 30, 2026. The company reported a significant increase in standalone revenue from operations for the second quarter of FY27, reaching ₹911 crore, a growth of 28.0% compared to ₹712 crore in the second quarter of FY26. This growth was driven by double-digit increases across all three segments: Ceramics, Electrominerals, and Abrasives.
Standalone Financial Highlights (Q2 FY27)
- Standalone Revenue: ₹911 Cr (up 28.0% YoY)
- Standalone Profit Before Tax: ₹99 Cr
- Standalone Ceramics Growth: 37.2%
- Standalone Electrominerals Growth: 31.3%
- Standalone Abrasives Growth: 15.9%
Half-Yearly Performance
For the first half of FY27, standalone sales stood at ₹1,757 crore, a growth of 24.6% compared to the same period last year. Standalone Electrominerals, Ceramics, and Abrasives grew by 32.1%, 25.9%, and 15.3% respectively during this period. The standalone profit before finance cost and tax for H1FY27 was ₹126 crore, a growth of 17.6% over the previous year.
Consolidated Performance
On a consolidated basis, sales for Q2 FY27 were ₹1,455 crore, a growth of 13.1% compared to ₹1,287 crore in Q2 FY26. Consolidated Ceramics sales saw a strong growth of 36.1%, while Consolidated Electrominerals and Abrasives grew by 11.1% and 4.0% respectively. For the first half of FY27, consolidated sales reached ₹2,865 crore, a growth of 14.9% year-on-year.
Consolidated profit before exceptional items and tax for Q2 FY27 was ₹138 crore. The company incurred an exceptional expense of ₹80.26 crore relating to the closure of operations of CUMI Awuko Abrasives GmbH (CAAG). Without this exceptional item, the consolidated profit after tax and non-controlling interest would have been ₹92.7 crore.
Subsidiary Operations Update
Further to its intimation on March 30, 2026, the company provided an update on the closure process of its wholly owned step-down subsidiary, CUMI Awuko Abrasives GmbH (CAAG). The closure process is progressing in accordance with applicable German laws. Agreements were entered into in October 2026 for the sale of property, plant, equipment, and inventory for an aggregate consideration of ₹5.34 crore. Financial impact from these actions has been disclosed in the notes to the financial statements.
Key Financial Figures (Amounts in Rs. Lakhs)
| Particulars | Q2 FY27 (Unaudited) | Q2 FY26 (Unaudited) | H1 FY27 (Unaudited) | H1 FY26 (Unaudited) |
|---|---|---|---|---|
| Standalone Revenue | 91136 | 71220 | 175749 | 142698 |
| Standalone Profit Before Tax | 9868 | 8716 | 21323 | 25361 |
| Standalone Net Profit After Tax | 7229 | 6434 | 16013 | 20931 |
| Consolidated Revenue | 145466 | 128672 | 286523 | 249337 |
| Consolidated Profit Before Exceptional Items and Tax | 13800 | 11160 | 26549 | 49112 |
| Consolidated Net Profit After Tax (including exceptional items) | 1204 | 7426 | 9238 | 16780 |
Source: BSE
