Carborundum Universal Ltd Shines Despite Reduced Profits

Carborundum Universal Ltd, a leader in abrasives manufacturing, has disclosed a net profit of Rs 30.10 crore for the January-March 2025 quarter, marking a substantial decrease from the Rs 142.56 crore earned in the same quarter last year.

The company's total income for the year ending March 31, 2025, however, rose to Rs 4,935.22 crore from Rs 4,778.84 crore in the previous fiscal period, highlighting a growth trajectory despite reduced profit margins.

In addition, the Board of Directors has announced a dividend of Rs 2.50 per share, following an earlier interim dividend, bringing the total dividend to Rs 4 per share, signaling confidence in long-term growth.

(With inputs from agencies.)