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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Carborundum Universal Q4 loss at ₹17.6 crore
2026-05-14 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Murugappa Group company Carborundum Universal on Thursday reported a consolidated loss after tax and non-controlling interest at ₹17.6 crore for Q4FY26 compared to profit of ₹29 crore in Q4FY25. Revenue from operations went up 15 per cent to ₹1,398 crore as against ₹1,217 crore in the same quarter last year. 

For the full year FY26, profit after tax and non-controlling interest stood at ₹195 crore as against ₹293 crore in FY25. Revenue for the full year FY26 went up to ₹5,206 crore (₹4,894 crore). 

As for the company’s various segments, consolidated sales for electro minerals in Q4FY26 stood at ₹427 crore, a growth of 14 per cent compared to the same quarter last year. 

For the abrasives segment, consolidated sales in the quarter went up 13.4 per cent to ₹610 crore while for the ceramics segment consolidated sales went up to ₹351 crore, a growth of 18.6 per cent. 

The Board of Directors of the Carborundum Universal has recommended a final dividend of ₹2.5 per share to the shareholders of the company.

Carborandum Universal shares on NSE closed at ₹1,040 on Thursday, up ₹6.7 or 0.65 per cent.

Published on May 14, 2026