Carborundum Universal reports mixed Q1 results, CFO departing

Carborundum Universal reported consolidated sales of INR 1,207 crores for Q1 FY26, up 1.9% year-on-year, with profit after tax of INR 62 crores. Standalone sales rose 5.2% to INR 698 crores, while standalone PAT reached INR 145 crores including a one-time dividend of INR 68 crores.

Growth was driven by ceramics (11.1%) and electro minerals (6.3%), while abrasives sales fell 8.0%.

Chief financial officer Sushil Kishor Bendale will step down on September 26 to pursue external opportunities.