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Carborundum Universal Ltd Q2FY24; 11% 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 Q2FY24 of ₹1,146.00 Crores up from ₹1,128.00 Crore year on year, a rise of 1.6%.

Total Expenses for Q2FY24 of ₹1,030.00 Crores up from ₹1,014.00 Crores year on year, a rise of 1.58%.

Consolidated Net Profit of ₹104.00 Crores up 10.64% from ₹94.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.36, up 14.29% from ₹4.69 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.

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