Net profit of Carborundum Universal declined 1.66% to Rs 134.84 crore in the quarter ended March 2024 as against Rs 137.12 crore during the previous quarter ended March 2023. Sales rose 0.02% to Rs 1183.40 crore in the quarter ended March 2024 as against Rs 1183.15 crore during the previous quarter ended March 2023.For the full year,net profit rose 11.42% to Rs 461.25 crore in the year ended March 2024 as against Rs 413.99 crore during the previous year ended March 2023. Sales rose 0.59% to Rs 4628.22 crore in the year ended March 2024 as against Rs 4601.04 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1183.401183.15 0 4628.224601.04 1 OPM %17.7016.09 -15.9614.17 - PBDT230.67217.34 6 841.00742.33 13 PBT179.68164.65 9 650.25554.99 17 NP134.84137.12 -2 461.25413.99 11 Powered by Capital Market - Live News

Net profit of Carborundum Universal declined 17.38% to Rs 94.25 crore in the quarter ended March 2024 as against Rs 114.07 crore during the previous quarter ended March 2023. Sales rose 4.40% to Rs 655.93 crore in the quarter ended March 2024 as against Rs 628.28 crore during the previous quarter ended March 2023.For the full year,net profit rose 5.86% to Rs 350.35 crore in the year ended March 2024 as against Rs 330.95 crore during the previous year ended March 2023. Sales rose 4.85% to Rs 2593.17 crore in the year ended March 2024 as against Rs 2473.18 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales655.93628.28 4 2593.172473.18 5 OPM %19.6321.72 -19.0718.78 - PBDT143.24140.43 2 535.74481.23 11 PBT124.10117.13 6 463.09406.74 14 NP94.25114.07 -17 350.35330.95 6 Powered by Capital Market - Live News

Carborundum Universal announced the following changes in senior management on 03 May 2024:Ninad Gadgil, who has been heading the Abrasives business of the Company in India for the last four years since 4 November 2019 is being transferred to M/s. Wendt (India) Limited (Wendt India), an associate company, as its Executive Director & CEO effective from 6 May 2024 and consequentially will be stepping down from the services of the Company effective the closing hours of 5 May 2024. C. Srikanth who is currently the Executive Director & CEO of Wendt India has been appointed as the Business Head of Abrasives Business with effect from 6 May 2024.Bhaskharan Kannun, Head - Human Resources will be retiring from the services of the Company effective closing business hours of 31 August 2024. Shyam C Raman, has been appointed as President & Chief Human Resources Officer - Designate with effect from 1 July 2024 and he would be taking over as the Chief Human Resources Officer of the Company from 1 September 2024.Powered by Capital Market - Live News

Carborundum Universal announced that the 70th Annual General Meeting (AGM) of the company will be held on 30 July 2024.Powered by Capital Market - Live News

Carborundum Universal announced that the Board of Directors of the Company at its meeting held on 03 May 2024, has recommended a Final dividend of Rs.2.50 per share (i.e.250%), subject to the approval of the shareholders.Powered by Capital Market - Live News