News ArticleCarborundum Universal Limited Posts Rs. 7229 Lakh Profit in Q2 2026 and Advances Closure of German Subsidiary
Company reports Rs. 92080 lakh revenue from operations for quarter ended September 30, 2026, and completes property sale for Rs. 534 lakh in subsidiary closure process
Carborundum Universal Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026. The report highlights a standalone net profit of Rs. 7229 lakh for the quarter, with revenues from operations totalling Rs. 92080 lakh. The company also provided an update on the orderly closure of its wholly owned subsidiary, CUMI Awuko Abrasives GmbH, including asset sales worth Rs. 534 lakh as part of the closure process under German law.
Carborundum Universal Limited
Financial Results
Carborundum Universal Limited announced its unaudited standalone financial results for the quarter and half year ended September 30, 2026, reporting net profits and revenues along with progress on the closure of its wholly owned subsidiary, CUMI Awuko Abrasives GmbH.
For the quarter ended September 30, 2026, the company posted standalone revenue from operations of Rs. 92080 lakh, and total income including other income of Rs. 92322 lakh. The net profit after tax for the quarter stood at Rs. 7229 lakh.
The half-year results show total income of Rs. 179330 lakh with a net profit after tax of Rs. 16013 lakh.
As part of its corporate restructuring, Carborundum International Limited, the company's wholly owned subsidiary, continues to progress through the formal closure process of its German step-down subsidiary, CUMI Awuko Abrasives GmbH. In October 2026, this subsidiary sold all its property, plant, equipment, and inventory for an aggregate consideration of Rs. 534 lakh.
The subsidiary has also settled interests and social plans with its employees as per German labour laws and is moving forward with final liquidation and deregistration under applicable German legislation.
Highlights
- Standalone net profit of Rs. 7229 lakh for Q2 ended September 30, 2026.
- Standalone revenue from operations for Q2 at Rs. 92080 lakh.
- Total income for Q2 including other income Rs. 92322 lakh.
- Half-year total income Rs. 179330 lakh with net profit Rs. 16013 lakh.
- Closure process of CUMI Awuko Abrasives GmbH underway with asset sale of Rs. 534 lakh in October 2026.
- Subsidiary moving towards final liquidation and deregistration under German law.
Key Data Snapshot
What happened
- Carborundum Universal Limited approved unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026.
- The company reported standalone net profit of Rs. 7229 lakh for the quarter, on revenues from operations of Rs. 92080 lakh.
- Update provided on closure of wholly owned step down subsidiary CUMI Awuko Abrasives GmbH, including property and inventory sale for Rs. 534 lakh in October 2026.
Financial performance
- Standalone total income for Q2 2026 was Rs. 92322 lakh including other income.
- Net profit after tax was Rs. 7229 lakh for the quarter and Rs. 16013 lakh for the six months ended 30th September 2026.
- Segment revenue included Abrasives Rs. 35677 lakh, Ceramics Rs. 31279 lakh, and Electrominerals Rs. 27919 lakh for the quarter.
- Standalone earnings per share for the quarter was Rs. 3.79 (basic and diluted).
Regulatory and governance context
- Financial results presented as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular dated 30th January 2026.
- Results reviewed and accompanied by limited review report from statutory auditors, Price Waterhouse Chartered Accountants LLP.
- Asset sale and employee settlements during subsidiary closure in compliance with applicable German laws and labour regulations.
Next milestones
- Completion of final liquidation and deregistration of CUMI Awuko Abrasives GmbH following asset sale and employee plan settlement.
- Publication of financial results extracts and quick response codes in newspapers as per regulatory requirements.
- Detailed financial results to be available on company and stock exchange websites.
Highlights
- Standalone net profit of Rs. 7229 lakh for Q2 ended September 30, 2026.
- Standalone revenue from operations for Q2 at Rs. 92080 lakh.
- Total income for Q2 including other income Rs. 92322 lakh.
- Half-year total income Rs. 179330 lakh with net profit Rs. 16013 lakh.
- Closure process of CUMI Awuko Abrasives GmbH underway with asset sale of Rs. 534 lakh in October 2026.
- Subsidiary moving towards final liquidation and deregistration under German law.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular no. HO/49/14/14(7)2025 -CFD-POD2/I/3762/2026 dated 30th January 2026
Source Information
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