Carborundum Universal Limited announced its financial results for the second quarter of Fiscal Year 2027 (Q2 FY’27), reporting consolidated sales of INR 1,455 crores, a growth of 13.1% year-on-year. Standalone sales saw a robust growth of 28% to INR 911 crores. The company also provided updated guidance for FY’27, with consolidated sales expected to grow by 4% to 4.5% (excluding certain divestitures), and Ceramics segment growth revised upwards to 25%-28%. Management highlighted strong operational performance and progress on growth initiatives.
Carborundum Universal Reports Strong Q2 FY’27 Performance
Carborundum Universal Limited (CUMI) has announced its financial results for the second quarter ending September 30, 2026 (Q2 FY’27), demonstrating robust growth across its business segments. The company’s consolidated sales reached INR 1,455 crores, marking a significant increase of 13.1% compared to INR 1,287 crores in the same period last year (Q2 FY’26). On a sequential basis, consolidated sales grew by 3.1% from INR 1,411 crores in Q1 FY’27.
Standalone Sales Surge
The company’s standalone sales experienced a substantial growth of 28%, reaching INR 911 crores in Q2 FY’27, up from INR 712 crores in Q2 FY’26. This represents the highest quarterly sales ever reported by the company, with a sequential increase of 7.7% from INR 846 crores in Q1 FY’27. For the first half of FY’27 (H1 FY’27), standalone sales stood at INR 1,757 crores, a growth of 24.6% over H1 FY’26.
Segmental Performance Highlights
All three business segments—Ceramics, Electrominerals, and Abrasives—recorded double-digit growth at the standalone level in H1 FY’27. Standalone Ceramics sales grew by 37.2%, Electrominerals by 31.3%, and Abrasives by 15.9% in Q2 FY’27 compared to the previous year. Consolidated sales also saw healthy growth, with Ceramics up by 36.1% and Electrominerals by 11.1%.
Profitability and Guidance
Standalone Profit After Tax (PAT) for Q2 FY’27 was INR 72 crores, a growth of 12.4% year-on-year. Consolidated Profit Before Exceptional Items and Tax (PBT) showed a growth of 22.9% to INR 138 crores in Q2 FY’27. The company reiterated its FY’27 guidance, expecting consolidated sales growth of approximately 4% to 4.5% (excluding divested businesses). The guidance for consolidated Abrasives growth remains 11%-12% (excluding AWUKO), while consolidated Ceramics growth has been revised upwards to 25% to 28%. Consolidated Electrominerals growth is expected at 8% to 9% (excluding Foskor).
Operational Update
The company also provided updates on ongoing initiatives, including the closure of AWUKO Abrasives and Foskor Zirconia. Management expressed confidence in strong operational performance, with segment results showing a 36% growth excluding exceptional impacts, alongside a 15% top-line growth.
Source: BSE
