Carborundum Universal Q4 profit slumps 79% on weak operating performance
Published on 12/05/2025 06:34 PM
Carborundum Universal Q4 profit slumps 79% on weak operating performanceShares of the company ended 3.6% higher at a price of ₹998.40 ahead of the results announcement.By Poonam Behura May 12, 2025, 6:34:18 PM IST (Published)2 Min ReadCarborundum Universal Ltd reported a 79% drop in fourth-quarter profit on Monday, as higher input costs and muted operational efficiency dented margins and earnings.
The abrasives and ceramics maker posted a consolidated net profit of ₹30 crore for the quarter ended March 31, down from ₹142.6 crore a year earlier.
Revenue rose marginally by 1.3% to ₹1,217 crore from ₹1,201 crore a year ago, signalling sluggish top-line growth despite a broader recovery in industrial activity.
Operating profit, as measured by earnings before interest, tax, depreciation and amortisation (EBITDA), fell 30.3% to ₹146 crore, compared with ₹209.4 crore in the same period last year.
EBITDA margin narrowed sharply to 12% from 17.4% a year earlier, reflecting elevated raw material and energy costs, along with weak realisations in certain product segments.
The company did not provide a segment-wise earnings breakdown or specific commentary on margin pressures.
Carborundum Universal, part of the Murugappa Group, operates in abrasives, ceramics, and electro-minerals, serving clients across engineering, automotive, and manufacturing industries.
Carborundum Universal’s board recommended a final dividend of ₹2.5 per share for FY25, bringing the total dividend payout for the year to ₹4, including the ₹1.5 interim dividend paid in March. The final dividend, subject to shareholder approval at the upcoming 71st AGM, will be disbursed by Aug. 26.
The company also proposed appointing M/s Sridharan & Sridharan Associates as secretarial auditors for five years starting FY26, pending shareholder approval.
Shares of the company ended 3.6% higher at a price of ₹998.40 ahead of the results announcement.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market today