Carborundum Universal's Q4 net profit plunges 79% YoY
Carborundum Universal Limited, a Murugappa Group company and leading manufacturer of abrasives, reported a significant drop in net profit for the January–March quarter (Q4) of FY25. Q4 net profit declined 79% year-on-year to ₹30.10 crore, compared to ₹142.56 crore last year. For FY25, net profit fell 37.27% to ₹298.71 crore from ₹476.18 crore a year ago.