CUMI profit leaps to ₹63 cr. as sales rise
The Hindu
Carborundum Universal Ltd.’s (CUMI) standalone net profit for Q1 FY22 jumped sixfold to ₹63 crore on better volumes. Income from operations almost doubled to ₹465 crore following a rise in sales volum
Carborundum Universal Ltd.’s (CUMI) standalone net profit for Q1 FY22 jumped sixfold to ₹63 crore on better volumes. Income from operations almost doubled to ₹465 crore following a rise in sales volume from abrasives, ceramics and electro minerals, it said in a filing. Segment wise, income from abrasives more than doubled to ₹224 crore, ceramics rose from ₹79 crore to ₹141 crore and electrominerals to ₹134 crore (₹65 crore).
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