Carborundum Universal Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
January 29, 2015 at 05:35 pm IST
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Carborundum Universal Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2014. On standalone basis, for the quarter, the company reported net sales/income from operations of INR 2,892.8 million against INR 2,667.7 million a year ago. Profit from operations before other income and finance costs was INR 245.5 million against INR 139.8 million a year ago. Profit from ordinary activities before tax was INR 231.7 million against INR 112.9 million a year ago. Net profit after tax was INR 152.5 million or INR 0.81 per diluted share against INR 73.1 million or INR 0.39 per diluted share a year ago.
On standalone basis, for the nine months, the company reported net sales/income from operations of INR 8,585.1 million against INR 8,348.5 million a year ago. Profit from operations before other income and finance costs was INR 731.0 million against INR 710.1 million a year ago. Profit from ordinary activities before tax was INR 753.8 million against INR 742.8 million a year ago. Net profit after tax was INR 526.0 million or INR 2.79 per diluted share against INR 511.0 million or INR 2.72 per diluted share a year ago.
On consolidated basis, for the quarter, the company reported net sales/income from operations of INR 4,967.2 million against INR 5,159.1 million a year ago. Profit from operations before other income and finance costs was INR 322.8 million against INR 292.6 million a year ago. Profit from ordinary activities before tax was INR 393.9 million against INR 208.4 million a year ago. Net profit after tax and minority interest was INR 221.1 million or INR 1.17 per diluted share against INR 104.7 million or INR 0.56 per diluted share a year ago.
On consolidated basis, for the nine months, the company reported net sales/income from operations of INR 15,535.5 million against INR 15,688.3 million a year ago. Profit from operations before other income and finance costs was INR 1,100.6 million against INR 1,195.8 million a year ago. Profit from ordinary activities before tax was INR 1,115.9 million against INR 1,147.2 million a year ago. Net profit after tax and minority interest was INR 665.4 million or INR 3.53 per diluted share against INR 665.7 million or INR 3.55 per diluted share a year ago.
Carborundum Universal Limited is an India-based company, which manufactures and sells mainly abrasives, ceramics (industrial ceramics, refractories) and electro minerals. The Company's segments include Abrasives, Ceramics, Electrominerals, Power, IT Services and Others. Abrasive segment comprises of bonded, coated, processed cloth, polymers, power tools and coolants. Ceramics segment includes technical ceramics and super refractory solutions to address wear protection, corrosion resistance, electrical resistance, heat protection and ballistic protection. Electrominerals segment includes deals with the materials - fused aluminas, its variants, and silicon carbide - used in abrasives and refractories globally. The Company also provides information technology (IT) services, including IT infrastructure facility management services, software application development services and others. It has a manufacturing facility for phase change materials and specialty polymeric additives.
Carborundum Universal Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
CARBORUNDUM UNIVERSAL LIMITED 
