CUMI Q1 consolidated net profit dips marginally to ₹115 cr.

CUMI Q1 consolidated net profit dips marginally to ₹115 cr.



Carborundum Common Ltd.’s (CUMI) consolidated web revenue for the June quarter declined ₹3 crore from the year-earlier interval to ₹115 crore.

Income from operations contracted by ₹7 crore to ₹1,184 crore. Income from abrasives grew 6.3% as a result of higher efficiency in standalone by Awuko and Rhodius, the Murugappa group agency mentioned in an announcement.

Ceramics’ income slid by 6% as a result of trade impression, drop in worth realisations and product combine, whereas that of electrominerals division declined 9% as a result of in drop in margins in standalone enterprise and product combine.

CUMI incurred a capex of ₹63 crore on the consolidated stage.





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