Carborundum Universal Ltd. reported a sharp decline in profitability for the quarter ended June 30, 2025 (Q1 FY26), with consolidated net profit falling 45% year-on-year to ₹62 crore, down from ₹113 crore in Q1 FY25.
The company’s revenue rose marginally by 2% to ₹1,219 crore, compared to ₹1,197.5 crore in the year-ago period, indicating muted topline growth.
Operational performance remained under pressure, with EBITDA declining 27% YoY to ₹121.5 crore from ₹193.5 crore. The EBITDA margin also saw a steep contraction to 10%, from 16% a year earlier, impacted by cost escalations and subdued demand in key segments.
The results come amid broader macroeconomic headwinds and cost pressures in industrial and manufacturing supply chains. The performance signals caution for the abrasives and ceramics player going into the rest of FY26.
The company is also undergoing a leadership change, with CFO Sushil Kishor Bendale set to step down by September 26, 2025.
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