Carborundum Q1 PBT Drops 46% YoY

  Published 11 months ago

Carborundum Universal's Q1 FY26 PBT declined 45.58% YoY amid rising expenses and mixed segmental performance across key divisions.

  • Total expenses rose 9.58% YoY, with sharp increases in material and employee benefit costs during the quarter.
  • Ceramics and electro minerals sales grew 11.1% and 6.3% YoY, while abrasives fell 8% to Rs 508 crore.
  • Finance cost rose 5.44% YoY, reflecting overall cost pressures impacting profitability across business verticals.

You might like these

RVNL Wins OHE Upgrade Contract

US Markets Mixed Amid Tax Cut & Debt Concerns

Agri & Chem Stocks Surge on CCI Approval

Markets Firm; FMCG Gains; IMF Ups India Outlook

Jindal Steel Launches Advanced Galvanising Line in Odisha

MPS Appoints Sreenivas for Global Growth & Innovation

UK Inflation Surges, Rate Cuts in Doubt

News that matters the most ⚡