Hold Carborundum Universal; target of Rs 1300: ICICI Securities

ICICI Securities recommended hold rating on Carborundum Universal with a target price of Rs 1300 in its research report dated August 07, 2023.
09-08-2023

Buy Carborundum Universal; target of Rs 1482: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Carborundum Universal has recommended buy rating on the stock with a target price of Rs 1482 in its research report dated August 05, 2023.
07-08-2023

Carborundum Universal Results Earnings Call for Q1FY24

Conference Call with Carborundum Universal Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.
04-08-2023
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CARBORUNDUM UNIVERSAL LTD. - 513375 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Audio Recording of the Investor call held today, 4th August 2023 is uploaded on the website.
04-08-2023
Bigul

CARBORUNDUM UNIVERSAL LTD. - 513375 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Enclosed voting results and the consolidated scrutiniser''s report of the 69th Annual General meeting held on 2nd August 2023.
04-08-2023
Bigul

Q1FY24 Quarterly Result Announced for Carborundum Universal Ltd.

Other industrial products company Carborundum Universal announced Q1FY24 results: Consolidated sales for Q1FY24, increased by 6% to Rs 1,191 crore from Rs 1,129 crore in Q1FY23. This was contributed by strong performance across business segments. At the standalone level, sales grew by 10 per cent to Rs 659 crore from Rs 600 crore. On a consolidated basis, profitability for Q1FY24 recorded strong growth across all three segments. Profit after tax and non-controlling interest for Q1FY24 grew by 44% to Rs 113 crore against Rs 79 crore in Q1FY23. Compared to Q4FY23, profit was lower by 17% as we had an exceptional income of Rs 25 crore reported in Q4FY23. Without considering the exceptional income in Q4FY23, the growth in Q1FY24 profit sequentially would be 1%. At the standalone level, it increased by 28% QoQ to Rs 93 crore from Rs 73 crore during Q4FY23. The capital expenditure incurred during Q1FY24 was Rs 55 crore at the consolidated level. The debt-equity ratio at the consolidated level was 0.06. Cash and cash equivalents net of borrowings was at Rs 190 crore. Result PDF
03-08-2023
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CARBORUNDUM UNIVERSAL LTD. - 513375 - Contact Details Of Key Management Personnel Under Regulation 30(5) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Contact details of Key Management Personnel under Regulation 30(5) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
03-08-2023
Bigul

Carborundum Universal posts 118 crore net in Q1

CarborundumUniversal's consolidated sales grew 6 per cent to 1,191 crore,driven by strong performance across business segments
02-08-2023
Bigul

CARBORUNDUM UNIVERSAL LTD. - 513375 - Shareholder Meeting / Postal Ballot-Outcome of AGM

Proceedings of the 69th Annual General Meeting held on 2nd August 2023.
02-08-2023
Bigul

CARBORUNDUM UNIVERSAL LTD. - 513375 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Enclosing the copy of Press release titled unaudited financial results for the quarter ended June 30, 2023.
02-08-2023
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