Results - Announcements
Carborundum Universal Ltd share price inched up 4.71% to Rs 1079.9 after the company's net profit witnessed a sharp fall of 85.01% to Rs 12.04 crore, while revenue from operations improved marginally 3.13% to Rs 1454.66 crore in Q3FY26 over Q2FY26.
The market capitalization of Abrasives & Bearings industry group stocks on BSE stood at Rs 91688.15 crore, gaining 3.82%. It has improved by 3.62% over last one week and softened by 5.87% in last one month while the market capitalization of Carborundum Universal Ltd has softened by 1.64% and 0.19% in the same period respectively.
Profit before tax (PBT) of Carborundum Universal Ltd stood at Rs 58.02 crore in Q3 FY26, plunging by 48.43% year-on-year, and tumbling by 51.33% quarter-on-quarter. EBITDA came in at Rs 166 crore, rallying 18.81% YoY and surging by 83.36% sequentially.
Total expenses eased by 0.57% to Rs 1349.24 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 525.52 crore, posting a minor increase of 6.31% YoY, while employee benefits expense was at Rs 241.96 crore, contracting 9.73% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 6.53% to Rs 5149.39 crore, while net profit tumbled by 43.83% to Rs 167.8 crore, compared to previous TTM. EBITDA soared by 70457% to Rs 507.28 crore, and PBT plunged by 39.79% to Rs 281.69 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 367.35 crore in FY26, as against Rs 304.23 crore in FY25.
Carborundum Universal Ltd rallied 18.72% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 9.87% during the same period.