Carborundum Universal Clocks Q1 Net Profit at ₹60.39 Cr

Carborundum Universal Ltd on Friday recorded a dip in its consolidated net profits at ₹60.39 crore for the April-June 2025 quarter due to a decline in its sales in the abrasives business, the company said.

The city-based manufacturer of industrial ceramics and abrasives had reported a net profit of ₹114.84 crore during the corresponding quarter of the last financial year.

For the year ending March 31, 2025 the net profits stood at ₹298.71 crore, Carborundum Universal Ltd part of the diversified conglomerate Murugappa Group said in a statement here on Friday.

The consolidated total income for the quarter under review grew to ₹1,237.75 crore, from ₹1,204.56 crore registered in the corresponding quarter of last financial year.

The total income for the financial year ending March 31, 2025 stood at ₹4,935.22 crore.

Sales from the electro-minerals division during the April-June 2025 quarter were at ₹405 crore, witnessing a growth of 6.3%.

The abrasives division reported a decline of 8% on the sales in April-June 2025 quarter to ₹508 crore, the company said.

The ceramics division during the quarter under review recorded sales of ₹300 crore, up by 11.1% over the corresponding quarter of last financial year, it added.