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Carborundum Universal Ltd Q1FY24; 37% rise in Profits.

Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals.

Financial Results:

Carborundum Universal Ltd reported Revenues for Q1FY24 of ₹1,203.00 Crores up from ₹1,140.00 Crore year on year, a rise of 5.53%.

Total Expenses for Q1FY24 of ₹1,085.00 Crores up from ₹1,059.00 Crores year on year, a rise of 2.46%.

Consolidated Net Profit of ₹118.00 Crores up 37.21% from ₹86.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.96, up 43.61% from ₹4.15 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: adhesives
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