Carborundum Universal Ltd has reported a decline in its profit after tax at ₹21 crore for the quarter ended June 30, 2017, against ₹27 crore in the same period last year. Revenues were lower at ₹353 crore against ₹360 crore in Q1 of last fiscal. On a consolidated basis, it has reported a flat PAT at ₹40 crore for the quarter ended June 30, 2017. Consolidated gross sales for the quarter grew by three per cent to ₹540 crore from ₹526 crore, driven by performance from electro minerals and ceramics segments, according to a statement.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.