{"id":142723,"date":"2023-02-24T07:21:32","date_gmt":"2023-02-24T12:21:32","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142723"},"modified":"2023-02-24T07:21:33","modified_gmt":"2023-02-24T12:21:33","slug":"earnings-carborundum-universal-ltd-nse-carboruni-q3fy23-results-out-total-income-rise-33-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-carborundum-universal-ltd-nse-carboruni-q3fy23-results-out-total-income-rise-33-yoy\/","title":{"rendered":"Earnings |Carborundum Universal Ltd. (NSE: CARBORUNI): Q3FY23 Results Out; Total Income rise 33% YoY"},"content":{"rendered":"\n<p>Carborundum Universal Ltd. (NSE: CARBORUNI) is a leading manufacturer and supplier of industrial ceramics, abrasives, and electromineral products. The company&#8217;s product portfolio includes abrasive grains, bonded abrasives, coated abrasives, super abrasives, ceramics, refractories, electrominerals, power tools, and thin wheels. CUMI&#8217;s products are used in various industries such as automotive, aerospace, construction, fabrication, and semiconductor. The company operates in India and exports its products to over 50 countries around the world. CUMI is part of the Murugappa Group, a diversified conglomerate with a presence in various industries such as engineering, agro-products, finance, and more.<\/p>\n\n\n\n<p>Carborundum Universal Ltd. has reported strong financial performance for the quarter ended December 31, 2022, the company has seen strong growth in consolidated sales, which increased by 32% to INR 1,172 crores from INR 891 crores in the corresponding quarter of last year. This growth was driven by strong performance in all three segments, including additional sales from AWUKO and Rhodius. On a year-to-date basis, the company&#8217;s sales grew by 41% to INR 3,418 crores from INR 2,431 crores in the corresponding period of last year. The company&#8217;s profitability also recorded a strong growth across Minerals and Ceramic segments, with profit after tax and non-controlling interest for the quarter growing by 23% to INR 109 crores against INR 89 crores in Q2 of the current financial year and by 7% compared to Q3 of last year.<\/p>\n\n\n\n<p>However, the company&#8217;s PAT margin dropped to 8.1% from 11.4% due to cost inflation and acquisition costs related to recent acquisitions. In terms of standalone performance, sales increased by 6% to INR 634 crores from INR 596 crores on a quarter-on-quarter basis, and PAT grew 9% to INR 72 crores from INR 67 crores on a quarter-on-quarter basis. On a YTD basis, sales grew significantly by 14% to INR 1,845 crores from INR 1,612 crores, while PAT increased by 13% to INR 217 crores from INR 193 crores. The drop in PAT margin was mainly from the Abrasives segment on account of raw material cost inflation. Additionally, the lower profit was due to the raw material cost impact in standalone and the integration costs for newly acquired subsidiaries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carborundum Universal Ltd. (NSE: CARBORUNI) is a leading manufacturer and supplier of industrial ceramics, abrasives, and electromineral products. The company&#8217;s product portfolio includes abrasive grains, bonded abrasives, coated abrasives, super abrasives, ceramics, refractories, electrominerals, power tools, and thin wheels. CUMI&#8217;s products are used in various industries such as automotive, aerospace, construction, fabrication, and semiconductor. The [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12],"tags":[9044],"class_list":["post-142723","post","type-post","status-publish","format-standard","hentry","category-earnings","category-other-industries","tag-industrial-products"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143222,"url":"https:\/\/alphastreet.com\/india\/carborundum-universal-q3fy23-32-growth-in-revenues\/","url_meta":{"origin":142723,"position":0},"title":"Carborundum Universal Q3FY23; 32% Growth in Revenues","author":"Karan_Singh","date":"March 9, 2023","format":false,"excerpt":"Carborundum Universal Ltd. (NSE: CARBORUNIV) is a leading manufacturer and supplier of industrial ceramics, abrasives, and electromineral products. Carborundum Universal Ltd.\u2019s revenue in Q3FY23 rose 32% to \u20b9 1,18,707 lakhs. Consolidated Profit After Tax came at \u20b9 11,323 lakhs in Q3FY23 showcasing a 2% rise on an YoY basis. In\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/Q3FY23-CARBORUNIV.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/Q3FY23-CARBORUNIV.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/Q3FY23-CARBORUNIV.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/Q3FY23-CARBORUNIV.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/Q3FY23-CARBORUNIV.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":145394,"url":"https:\/\/alphastreet.com\/india\/alphagraph-carborundum-universal-ltdnse-carborunivq4-fy23-results-outtotal-income-rises-38-yoy\/","url_meta":{"origin":142723,"position":1},"title":"Alphagraph | Carborundum Universal Ltd(NSE: CARBORUNIV)|Q4 FY23 Results Out|Total Income rises 38% YoY.","author":"Divyansh_Kasana","date":"May 8, 2023","format":false,"excerpt":"Carborundum Universal Limited (NSE:CARBORUNIV) is a leading manufacturer of abrasives, ceramics, and electro minerals. The company operates across a range of segments, including abrasives, ceramics, electrominerals, and power tools.","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d4d8b9d-f75b-495c-a287-05e996c0ae94.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d4d8b9d-f75b-495c-a287-05e996c0ae94.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d4d8b9d-f75b-495c-a287-05e996c0ae94.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d4d8b9d-f75b-495c-a287-05e996c0ae94.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d4d8b9d-f75b-495c-a287-05e996c0ae94.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d4d8b9d-f75b-495c-a287-05e996c0ae94.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150832,"url":"https:\/\/alphastreet.com\/india\/carborundum-universal-limited-q1fy24-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":142723,"position":2},"title":"Carborundum Universal Limited Q1FY24 Earnings: Stay Tuned for The Live Earnings Call and Real-Time Transcript.","author":"Divyansh_Kasana","date":"August 2, 2023","format":false,"excerpt":"Carborundum Universal Ltd, an integral entity of the renowned Murugappa Group headquartered in Chennai, India, is a prominent player in the manufacturing sector. With a strategic focus on abrasives, ceramics, refractories, and electro-minerals, the company has established itself as a key contributor to various industries. Its diverse portfolio encompasses high-quality\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167393,"url":"https:\/\/alphastreet.com\/india\/carborundum-universal-ltd-q3fy25-66-fall-in-profits\/","url_meta":{"origin":142723,"position":3},"title":"Carborundum Universal Ltd Q3FY25; 66% fall in Profits","author":"Divyansh_Kasana","date":"March 14, 2025","format":false,"excerpt":"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 Q3FY25 of \u20b91,255.00 Crores up from \u20b91,151.00 Crore year on year, a rise of 9.04%. Total Expenses for Q3FY25 of \u20b91,135.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-7.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-7.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-7.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-7.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-7.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-7.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143232,"url":"https:\/\/alphastreet.com\/india\/carborundum-universal-a-sleeping-giant\/","url_meta":{"origin":142723,"position":4},"title":"Carborundum Universal: A Sleeping Giant","author":"Karan_Singh","date":"March 10, 2023","format":false,"excerpt":"Carborundum Universal Ltd comes under the Chennai-based Murugappa group and primarily deals with the manufacturing of refractories, ceramics, electro-minerals, and abrasives.\u00a0 Industrial Ceramics: This sector contains advanced ceramics in Zirconia, Silicon Carbide, Alumina, and Zirconia Toughened Alumina. For the Ceramics Business, the significant user industries include Cement, Automatic, Mining and\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-645173532.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-645173532.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-645173532.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-645173532.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":145503,"url":"https:\/\/alphastreet.com\/india\/earnings-carborundum-universal-limited-nse-carborunivq4fy23-results-out-total-income-rises-38-yoy\/","url_meta":{"origin":142723,"position":5},"title":"Earnings | Carborundum Universal Limited (NSE: CARBORUNIV):Q4FY23 Results Out; Total Income rises 38% YoY.","author":"Divyansh_Kasana","date":"May 9, 2023","format":false,"excerpt":"Carborundum Universal Limited is a leading manufacturer of abrasives, ceramics, and electro minerals. The company operates across a range of segments, including abrasives, ceramics, electrominerals, and power tools. Carborundum Universal Limited reported Total Income for Q4 FY23 of \u20b91,219 Crore up from \u20b9881 Crore year on year, a growth of\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-30.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-30.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-30.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-30.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-30.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-30.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142723"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142723\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}