Carborundum Universal reported a 66% decline in consolidated net profit to ₹37.6 crore in Q3 FY25, compared to ₹112 crore a year ago, despite revenue rising 9% to ₹1,271.8 crore. The Murugappa Group company declared an interim dividend of ₹1.50 per share. Increased capital expenditure and slowing profitability could impact investor sentiment, though revenue growth remains steady.
Carborundum Universal: Profit Falls 66%, ₹1.50 Dividend
