Carborundum Universal announced its financial results for Q3 FY26. Standalone sales reached Rs.769 crore, a 5.6% increase year-over-year, with a profit after tax of Rs.85 crore. Consolidated sales grew to Rs.1273 crore, while consolidated profit after tax reached Rs.76 crore. The board has also declared an interim dividend of Rs.1.50 per share. Performance varied across segments, with abrasives and electrominerals showing growth, while ceramics faced challenges.
Financial Performance
In Q3 FY26, Carborundum Universal’s standalone sales reached Rs.769 crore, marking a 5.6% increase compared to Rs.728 crore in Q3 FY25. The standalone profit after tax stood at Rs.85 crore, compared to Rs.81 crore in Q3 FY25. Consolidated sales for the quarter amounted to Rs.1273 crore, a 2.5% increase from Rs.1241 crore in the previous year, with a consolidated profit after tax of Rs.76 crore.
Interim Dividend Declared
The Board of Directors has declared an interim dividend of Rs.1.50 per share (150% on face value of Re.1) for shareholders.
Segmental Performance
Abrasives: Standalone sales for the quarter were Rs.323 crore, reflecting a 9.8% year-over-year growth.
Ceramics: Consolidated sales were almost flat at Rs.316 crore. Standalone sales decreased by 3.8% to Rs.255 crore.
Electrominerals: Standalone sales increased by 8.9% to Rs.229 crore, while consolidated sales stood at Rs.401 crore.
Nine-Month Performance
Standalone sales for the first nine months of FY26 reached Rs.2179 crore, a 3.9% increase. Consolidated sales for the same period were Rs.3766 crore, a 3.6% growth. Standalone profit after tax for the nine-month period stood at Rs.294 crore, while consolidated profit after tax was Rs.212 crore.
Source: BSE
