Carborundum Universal Limited (CUMI) announced its financial results for Q3 FY2025-26, reporting standalone sales of Rs.769 crore and consolidated sales of Rs.1273 crore. The Board of Directors declared an interim dividend of Rs.1.50 per share. The company saw growth in its standalone Abrasives and Electrominerals segments, while consolidated sales experienced growth across Abrasives and Ceramics segments.
Financial Performance
In Q3 FY2025-26, CUMI’s standalone sales reached Rs.769 crore, a 5.6% increase compared to Rs.728 crore in Q3 FY25. The Abrasives and Electrominerals segments saw growth of 9.8% and 8.9%, respectively, while the Ceramics segment decreased by 3.8%.
Consolidated sales for Q3 FY2025-26 stood at Rs.1273 crore, a 2.5% increase compared to Rs.1241 crore in Q3 FY25. The Abrasives segment grew by 8.1%, while the Ceramics segment remained nearly flat and the Electrominerals segment declined by 3.6%.
Nine-Month Performance
Standalone sales for the first nine months of FY26 reached Rs.2179 crore, a 3.9% increase year-over-year. The Electrominerals, Ceramics, and Abrasives segments grew by 7.3%, 1.7%, and 1.3%, respectively.
Consolidated sales for the first nine months of FY26 reached Rs.3766 crore, a 3.6% increase year-over-year. The Ceramics and Abrasives segments grew by 6.1% and 2.4%, respectively, while the Electrominerals segment remained flat.
Profitability
Standalone profit after tax for Q3 FY26 was Rs.85 crore, compared to Rs.81 crore in Q3 FY25. For the first nine months of FY26, standalone profit after tax was Rs.294 crore, compared to Rs.260 crore in the same period last year.
Consolidated profit after tax and non-controlling interest for Q3 FY26 was Rs.76 crore, compared to Rs.35 crore in Q3 FY25. For the first nine months of FY26, consolidated profit after tax and non-controlling interest was Rs.212 crore, compared to Rs.264 crore in the same period last year.
Interim Dividend
The Board of Directors declared an interim dividend of Rs.1.50 per share (150% on face value of Re.1) to the shareholders.
Segmental Performance: Ceramics
Consolidated sales of the Ceramics segment for the first nine months of FY26 was Rs.917 crore, a 6.1% growth. Standalone sales for the same period were Rs.721 crore, up by 1.7%.
Consolidated sales for the quarter were Rs.316 crore, nearly flat year-over-year, and up by 4.7% sequentially. Standalone sales for the quarter were Rs.255 crore, down by 3.8% year-over-year, and up by 11.9% sequentially.
Segmental Performance: Abrasives
Standalone sales for the quarter were Rs.323 crore, a growth of 9.8%, and 4.9% sequentially. Abrasives standalone revenue for the first nine months of FY26 was Rs.917 crore, up by 1.3%.
Segmental Performance: Electrominerals
Standalone sales for the quarter were Rs.229 crore, growing 8.9% year-over-year and 7.9% sequentially. Standalone sales for the first nine months were Rs.654 crore, up by 7.3%.
Source: BSE
