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Management reported record quarterly standalone sales but consolidated profits were hit by one-time exceptional costs from closing overseas operations.
CUMI reported 16.9% consolidated revenue growth in Q1 FY'27, driven by strong standalone performance in Electrominerals. Strategy focuses on high-purity ceramics for semiconductors and scaling exports.
Carborundum delivered strong revenue growth across all segments in Q1 FY27, though abrasives margins were squeezed by a ₹16 Cr cost push from geopolitically induced raw material and fuel inflation.
CUMI crossed ₹5,000cr consolidated revenue in FY26. Standalone revenue grew 8.6% to ₹3,024cr, though consolidated PBT fell 27.2% due to subsidiary losses and sanctions on VAW Russia.