Carborundum Universal announced its financial results for the quarter and six months ended September 30, 2026. Standalone sales for Q2 FY27 reached ₹911 crore, reflecting a 28.0% growth compared to the same period in FY26. The company’s consolidated sales for the quarter stood at ₹1,455 crore, showing a 13.1% increase year-on-year. The financial performance highlights growth across key segments, with profit figures also detailed in the report.
Carborundum Universal Reports Strong Q2 FY27 Financial Performance
Carborundum Universal Limited has announced its financial results for the quarter and the six months ended September 30, 2026. The company reported significant growth in both standalone and consolidated sales, driven by robust performance across its business segments.
Standalone Performance
In the second quarter of fiscal year 2027 (Q2FY27), standalone sales reached ₹911 crore, marking a substantial 28.0% increase compared to ₹712 crore in Q2FY26. All three operating segments—Ceramics, Electrominerals, and Abrasives—experienced double-digit growth. Standalone Ceramics sales grew by 37.2%, Electrominerals by 31.3%, and Abrasives by 15.9% year-on-year.
For the first half of FY27 (H1FY27), standalone sales were ₹1,757 crore, a 24.6% growth from the ₹1,410 crore reported in the corresponding period last year. Standalone Electrominerals, Ceramics, and Abrasives segments grew by 32.1%, 25.9%, and 15.3% respectively during this period.
Consolidated Performance
On a consolidated basis, sales for Q2FY27 were ₹1,455 crore, a 13.1% increase from ₹1,287 crore in Q2FY26. Consolidated Ceramics sales saw a significant jump of 36.1%, while Consolidated Electrominerals grew by 11.1%. Consolidated Abrasives reported a growth of 4.0%.
For the first half of FY27, consolidated sales stood at ₹2,865 crore, a 14.9% increase compared to the same period last year. Consolidated Ceramics, Electrominerals, and Abrasives grew by 26.3%, 14.0%, and 11.5% respectively.
Profitability Highlights
Consolidated Profit before exceptional items and tax for Q2FY27 was ₹138 crore, up from ₹113 crore in Q2FY26. The report also details an exceptional item of ₹80.26 crore related to the closure of operations of CUMI Awuko Abrasives GmbH (CAAG). Without this exceptional item, Profit After Tax and non-controlling interest would have been ₹92.7 crore.
For the first half of FY27, Consolidated Profit after tax and non-controlling interest was ₹89 crore, compared to ₹136 crore in the same period last year. The company also highlighted that at the consolidated level, capital expenditure incurred during H1FY27 was ₹127 crore, with a net debt of ₹111 crore and a Debt Equity Ratio of 0.09.
Segmental Updates
Ceramics: Standalone sales for Q2FY27 grew 37.2% year-on-year to ₹313 crore, driven by strong demand in Engineered ceramics, Metallized Cylinders, and Refractories. Consolidated sales for the segment were ₹410 crore, up 36.1%.
Electro Minerals: Standalone sales for the quarter were ₹279 crore, a growth of 31.3%. Consolidated sales reached ₹443 crore, up 11.1%.
Abrasives: Standalone sales for Q2FY27 increased by 15.9% to ₹357 crore. Consolidated sales were ₹607 crore, a 4.0% growth year-on-year.
The report also detailed updates on the closure of its subsidiary, CUMI Awuko Abrasives GmbH (CAAG), and the financial impact thereof. The company has also provided a summary of key standalone financial results for comparison.
Source: BSE
