CUMI Q3 consolidated net remains flat thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Tube Investments of India Limited (TII) posted its highest-ever consolidated revenue in FY22-23 which was up 19% year–on-year (y-o-y) to reach Rs14,965 crore. TII is a Murugappa group company, one of India’s leading manufacturers of engineered products used by auto companies, railways and construction, mining, agriculture and other companies.
Industrial Minerals indmin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indmin.com Daily Mail and Mail on Sunday newspapers.
Chennai, May 14: Abrasives and industrial ceramics maker Carborundum Universal Ltd on Saturday reported a 7.60 per cent jump on its standalone net profit for the quarter ending March 31, 2022 at Rs 61.91 crore. The city-based Murugappa Group company had registered standalone net profit at Rs 57.52 crore during the corresponding quarter in the previous year. For the year ending March 31, 2022, standalone net profit grew by 38.30 per cent to Rs 254.48 crore, from Rs 183.97 crore […]
Carborundum Universal jumped 4.03% to Rs 517.55 after the company s consolidated net profit rose 2.4% to Rs 96.19 crore on 28% surge in net sales to Rs 750.26 crore in Q4 FY21 over Q4 FY20.
Consolidated sales were driven by steady performance across business segments. On a consolidated basis, segmental profitability for the year recorded growth across all the business segments.
The capital expenditure incurred during the FY 2020-21 was Rs 103 crore. The gross debt equity ratio of Carborundum Universal, was nil at a standalone level and 0.02 at a consolidated level. Cash and cash equivalents including short term deposits (net of borrowings) at the consolidated level stands at Rs 647 crore.